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Goodland_UK
Aug 2, 2021 5:18 PM

EUR/JPY- 1hr Scalp Long

Euro Fx/Japanese YenFXCM

Description

Hello,

I have entered EUR/JPY long on the 1hour timeframe.

The reason for this is because it is now at the bottom of the range and has rejected the support.

I have already shorted the top and exited at 129.706.

Stop loss is below any local low- expected to be holding unto 24 hours.

Comment

As you can now see, the RSI is massively over sold. Indicating a reversal.

Trade closed manually

Trade closed- break even.
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