stephan22

LONG - EUR JPY

Long
FX:EURJPY   Euro / Japanese Yen
a prediction of an upward channel movement to the previous area of resistance to TP1 (take profit target 1). TP2 realistically is what I would conservatively set to have a sensible RR (risk to reward ratio) of 2.32. depending on the strength of the bullish movement I would look at the TP2 zone and see if there is still momentum to push for zone 3.