Why I Think EURJPY Will Continue to Buy
Hey Rich Friends,
Happy NFP Week! Please remember to check the news and trade with caution. To start this week off, I think EURJPY will continue to buy and here is what I am looking at:
- Candles rejecting price going lower in the demand zone
- Candles are above both EMAs and the blue EMA has crossed above the purple EMA
- MOM is facing up and positive
- STOCH is facing up, positive and the blue line is above the orange line
- SL will be set below a previous low and TP will be set above a previous high
These are more than enough bullish confirmations for me to feel confident in this trade. Comment below and let me know if you agree or if you see something different.
- Peace and Profits, Cha
Happy NFP Week! Please remember to check the news and trade with caution. To start this week off, I think EURJPY will continue to buy and here is what I am looking at:
- Candles rejecting price going lower in the demand zone
- Candles are above both EMAs and the blue EMA has crossed above the purple EMA
- MOM is facing up and positive
- STOCH is facing up, positive and the blue line is above the orange line
- SL will be set below a previous low and TP will be set above a previous high
These are more than enough bullish confirmations for me to feel confident in this trade. Comment below and let me know if you agree or if you see something different.
- Peace and Profits, Cha
Order cancelled:
Not going as planned! On to the next trade!
- Peace and Profits
- Peace and Profits
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