arcofx

EURJPY - Inside Day Candle spotted!

Long
FX:EURJPY   Euro / Japanese Yen
Yesterday's candle close within previous candle range. I'm biased in trading long.

1. Inside day candle.
2. Currently on a demand zone resting above weekly significant support line.
3. Price has been consolidating bearishly.

1:3 risk reward for this trade.

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.