EURJPY market structure remains Bullish and price is above the 100H EMA. So, a continuation of the uptrend is expected.
I would be looking to buy the dips near 124.30-124.65 with SL below 124 and TP at 126.
Watch the area that I have highlighted in my chart. Buying here carries the lowest risk because your TP would be big and the SL would be small.
Watch for bullish price action near this highlighted area and buy with the above targets.
I would be looking to buy the dips near 124.30-124.65 with SL below 124 and TP at 126.
Watch the area that I have highlighted in my chart. Buying here carries the lowest risk because your TP would be big and the SL would be small.
Watch for bullish price action near this highlighted area and buy with the above targets.
Note
50 pips profit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.