Hello everyone,
Let's talk about EURJPY upcoming predictions.
My pure Price action analysis is laying foundation for me to go Bullish.
With not much lift in my trading account, i am taking more risk by trading this pair with H1 Time frame aiming the Flag Target made by H4 Timeframe.
Currently, it crossed the flag's pole which was our confirmation point. Although I already got entered after the price touched the hourly trendline and then breakout above Resistance Level.
Please note that I am also keeping my equity safe and sound by early exit.
I am taking two trades each with 1% risk. Though the final target is 182.60.
If my first trade target hits then I will move the SL of other trade to BE to ride the same direction with great peace of mind. Happy Trading.
Trade No. 1
Trade No. 2
Let's talk about EURJPY upcoming predictions.
My pure Price action analysis is laying foundation for me to go Bullish.
With not much lift in my trading account, i am taking more risk by trading this pair with H1 Time frame aiming the Flag Target made by H4 Timeframe.
Currently, it crossed the flag's pole which was our confirmation point. Although I already got entered after the price touched the hourly trendline and then breakout above Resistance Level.
Please note that I am also keeping my equity safe and sound by early exit.
I am taking two trades each with 1% risk. Though the final target is 182.60.
If my first trade target hits then I will move the SL of other trade to BE to ride the same direction with great peace of mind. Happy Trading.
Trade No. 1
- Entry: 179.93
- SL: 178.97
- TP: 181.13000
Trade No. 2
- Entry: 179.93
- SL: 178.97
- TP: 182.33000
Trade active
Trade 1 TP Hit.Trade 2 active..
Minor Correction. the TP was aimed at 1.25 risk to reward ration for the 1st trade which is now hit at 180.70
The TP 2 was aimed at 2.50 Risk to Reward Ratio which is still active with Stop loss move to BE. TP2 aiming 181.68
Happy the rest of trading with 0 RISK.
Note
My TP 2 Hit. Still aiming for Flag level to complete.
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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.
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.