Get started
mrrosstrader

EURJPY - Long

Long
Euro / Japanese Yen (FX:EURJPY)  
mrrosstrader Updated   
FX:EURJPY   Euro / Japanese Yen
Trend Analysis eurjpylong structure-trade
3
0
trendanalysis eurjpylong structure-trade
EUR/JPY

This pair just made a retracement to a previous area where we can find a lot of structure. It just violated the previous highs and also there is fibonacci confluence where the green box is. The Risk:Reward ratio is just a little more than 1:1 so it is a good trade in my eyes.

Have a great trading day!
Trade active
Trade closed: stop reached
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.