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FUNTRADER-Vera
Jan 8, 2021 12:36 AM

0801 EURJPY trying to buy again to follow daily trend Long

EUR/JPYOANDA

Description

Hello traders,

Last great orde based on the double bottom with broken trend line
EN: 126.30 OR CURRENR PRICE
SL: 125.90 (40 PIPS)
TP1:126.70 (40 PIPS, RR=1)
TP2:127.00 (70 PIPS)

In the right daily chart, we use a higher position where the new swing start rally.
And the channel is sending us a signal that main trend on daily chart has not finished .Rectange sidways where we had a buying order on the left seems finished.
Usually we would try to finda sellling opportunity here,
but this would change if pricesurpass resistance level.
So just keep eye on 1h chart to find out buying opportunity.

Good luck !!!
LESS IS MOR!
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