EURJPY POTENTIAL BUY
Looking at a potential buy on this.
Price rejected at 4HR resistance level .
Price is currently sitting at the 50% fib level. We could see a deeper retracement to the 61.8 level before seeing a move up.
Nonetheless, in theory, price should travel to the 1.618 level.
Note
Took partial profit at TP1, trailing SL on second position.
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Related publications
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.