TxAkthar

EURJPY long

Long
FX:EURJPY   Euro / Japanese Yen
EURJPY long on the 4 hr - 1 hr timeframe.

Price is visiting zone where it was previously rejected from.

20-25pip stop loss.
TP 1 - 50 pips
TP 2 - 100 pips

1:2 or 1:5 RR ratio

RSI showing oversold. Wait for rejection candle for confirmation

Disclaimer - educational purposes only.
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.