Get started
peterbokma

EURJPY-NEUTRAL BUY strategy 4-hourly chart

Long
Euro / Japanese Yen (FX:EURJPY)  
peterbokma  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators
0
0
trendanalysis chartpattern indicator
The pair did go near 160.00 as a correction, and not much more than that. Stochastic is positive now, and it feels we may see higher levels again before lower again.

Strategy BUY @ 160.50-160.80 and place SL below the previous low 159.90. Profit objective let's say @ 161.80 for now.
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.