AfroTrades $idea - Long on EUR/JPY (Daily chart)
Our algorithmic strategy suggests a long position on EUR/JPY on the daily chart. We have filtered this signal trough an MA10, William's %range and the Volatility Ratio. We expect a slight retraction towards the 144.61 Fib followed by a bullish move.
Our strategy suggests a Buy Limit order at 144.96 with a SL at 143.93, a first TP at 145.385 and a second TP at 147.53.
There is the announcement about interest rate by BOJ tomorrow but the rate is not respected to change so... fingers crossed.
Not financial advice.
Our strategy suggests a Buy Limit order at 144.96 with a SL at 143.93, a first TP at 145.385 and a second TP at 147.53.
There is the announcement about interest rate by BOJ tomorrow but the rate is not respected to change so... fingers crossed.
Not financial advice.
Trade closed: stop reached:
Ouch