Have a trade floating open on EJ currently I'd like to explain why I took this trade I have 5 questions I needed to get answered, they are as follows Question 1 - Is EURJPY in momentum (bullish or bearish)? Question 2 - Who is interested (at this time)? Question 3 - Where are their stop losses? Question 4 - Have those stop losses been taken out? Question 5 -...
EJ was shorting for most of the week. I believe it ended the week by collecting enough liquidity which lead to the break in structure and a continue to the upside. This is a trade idea.
Looking to BUY EJ in BUY AREAS and targeting TP AREA for a potential 200PIP catch! Trade will be executed on signs of reversal. DO not execute BUYS if price breaks through buy area 2 with strong bearish momentum Trade Safe
we see the war causing panic but we follow the chart analysis bullish for ej
Looking to target TP Areas from Buy Zone - Strong break above TP Area 1, target TP Area 2 (30+ PIPS) Trade at your own risk!
Fib retest, then we go to the weekly of 126.450
Waiting for confirmations and support of levels marked out above.
Wicks thrown to the downside, means price is rejecting the downside movement.
If we see EJ close above previous session high (highlighted zone), we can enter market execution buy orders.
Hey tradomaniacs, welcome to a new free trading-setup. NOTICE: THis is meant to be a preparation for you. As always we need to wait for a confirmation! Market-Buy: 121,400 Stop-Loss: 121,060 Target 1: 121,720 Target 2: 121,945 Target 3: 122,165 Stop-Loss: 34 pips Risk: 0,5 % - 1 % Risk-Reward: 2,25 LEAVE A LIKE AND A COMMENT - I appreciate every...