TradingView
The_Forex_Path
Oct 12, 2022 7:27 PM

EURJPY LONG IDEA Long

Euro vs Japanese YenPepperstone

Description

Hello Dear Traders


My point of view regarding the EJ for the short term. Cautiously and always with R:R management.

Note: The price is approaching a strong supply level but it can give the result.

From the purple supply zone we will se how it responds.

We will then react accordingly for sell in case of some candlestick pattern, weak bullish Price action etc. or we may enter long if the market is going to give us a strong impulse to the upside with a PA retest of the zone in conjuction with 0.382 - 0.5 - 0.618 Fib. Retracement Level.



Good Luck and waiting for your comments!
Comments
More