11021992

EURJPY: Buy stop above current market price

Long
FX:EURJPY   Euro / Japanese Yen
Hey traders,

On the EURJPY I'm looking to enter long above the recent high. My buy stop is about 25 pips above that. With the stop loss below the 61.8% Fib retracement we should be alright. This does mean that we will have a huge stop loss, so keep that in mind.

Cheers
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.