About meMalaysian Trader. Full time student. Swing trader. Main focus on forex, oil and gold market. Please note: My trade ideas are mostly for educational and self-experience purposes only. Trading View is used for me to keep track of my trade accuracy.
Joined 7 months ago
Miri, Sarawak, Malaysia
Price was pushed back down from channel line. With brexit vote coming just around the corner EUR will face an increased selling pressure.
As price moves towards 0.618 fib level SL can be moved to entry point.
Looking to sell the EURJPY if daily manages to close below SNR zone. Wait for a retracement on the next daily to enter a sell. Entering a sell at the moment the daily closes will give a poor RR ratio.
Tp is set at previous SNR zone but prices may go lower into the 1.618 fib level before any corrective structure ...