The Final Selldown for EURJPY - 121.88
Updated
EURJPY is likely to complete a deep gartley pattern at 121.88. (Factor in your spreads for entry)
This is the price I am aiming for my entry hopefully by this week.
I hope to see RSI hitting oversold, this is a daily shark pattern which can easily hit 61.8 retracement of the C-D leg.
Potentially a 1:8 risk to reward trade setup.
This is the price I am aiming for my entry hopefully by this week.
I hope to see RSI hitting oversold, this is a daily shark pattern which can easily hit 61.8 retracement of the C-D leg.
Potentially a 1:8 risk to reward trade setup.
Trade active
Went in 121.92 during NFP.Now hoping it goes up smoothly.
Easily should hit 123.50,
TP2 at 125.90.
Note
TP for 1st positon at 124.40. (Take Profit 245 pips first)Looking for reentry around 123.70 (Will update why soon)
Trade closed: target reached
Trade closed early at 124.40. +255 pips.
Related publications
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.