We entered a buy position in EUR JPY at 122.750.
Potential swing trade set up.
Before entering we awaited for 3 significant rejections on the daily time frame, which also allowed for several rejections of the resistance on the 4 hour time frame.
The 3 daily rejections provided significant confirmations for a bullish move with this pair.
stop loss sitting at the bottom of the daily rejection area (122.250)
Potential swing trade set up.
Before entering we awaited for 3 significant rejections on the daily time frame, which also allowed for several rejections of the resistance on the 4 hour time frame.
The 3 daily rejections provided significant confirmations for a bullish move with this pair.
stop loss sitting at the bottom of the daily rejection area (122.250)