Good Evening,
Expecting a retest on trendline (illustrated above) via EUR/JPY. Price is oversold on 1D and 8H chart. It's imperative to wait for price action to retest the first trendline or the second (fail safe) to minimize risk. Impulse waves are ideal. Look for confirmation to enter, I also advise you to facilitate this trade on a lower time frame for a better entry. Please execute with your own due diligence.
Thanks,
Trade Wisely
Expecting a retest on trendline (illustrated above) via EUR/JPY. Price is oversold on 1D and 8H chart. It's imperative to wait for price action to retest the first trendline or the second (fail safe) to minimize risk. Impulse waves are ideal. Look for confirmation to enter, I also advise you to facilitate this trade on a lower time frame for a better entry. Please execute with your own due diligence.
Thanks,
Trade Wisely
Trade closed: target reached:
TP 1 reached
Comment:
TP 2 obtained
Comment:
