Hello trades, today we have ourselves a EURJPY short.
If you like this idea be sure to check out my other ideas below!
We can see a double top appear in this pair which is a very common reversal signal.
We are aiming for 115 pips with a risk of 15 pips which gives us a risk ratio of 7.67:1
This means for every £1 we risk, we are earning £7.67
Take a look at the reversal pattern post below where you can familiarise yourself with the reversal patterns & what to look out for! 👀
If you like this idea be sure to check out my other ideas below!
We can see a double top appear in this pair which is a very common reversal signal.
We are aiming for 115 pips with a risk of 15 pips which gives us a risk ratio of 7.67:1
This means for every £1 we risk, we are earning £7.67
Take a look at the reversal pattern post below where you can familiarise yourself with the reversal patterns & what to look out for! 👀
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