EURJPY long on the 4 hr - 1 hr timeframe.
Price is visiting zone where it was previously rejected from.
20-25pip stop loss.
TP 1 - 50 pips
TP 2 - 100 pips
1:2 or 1:5 RR ratio
RSI showing oversold. Wait for rejection candle for confirmation
Disclaimer - educational purposes only.
Price is visiting zone where it was previously rejected from.
20-25pip stop loss.
TP 1 - 50 pips
TP 2 - 100 pips
1:2 or 1:5 RR ratio
RSI showing oversold. Wait for rejection candle for confirmation
Disclaimer - educational purposes only.