EUR/JPY: I am a buyer.. Why?

Обновлено
Hey guys,

Took a trade this morning on EUR/JPY. The reasons are the following:

- Resistance was broken and we see strong bullish candles on H1
- Price is above the daily pivot level, above VWAP and looks like it is also forming inside a flag
- The top of the flag is also a supply level = resistance

I am a buyer and will target 123.850 - 124.00 levels.

The R/R ratio for this trade is about 2.3.

Check out my previous ideas as well ;)

Trade at your own risk
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5-min view

снимок
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My new target: 123.780 - 123.850 area
Сделка закрыта: достигнута тейк-профит цена
Target hit!
Bullish PatternsbuyChart PatternschartsEUREURJPYjpypatternTrend Analysis

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