Euro / Japanese YenShort
EURJPY, 4hr tf, sell on ichimoku confirmation
Hello my friends,
Another setup for September 8th is EURJPY pairs.
Price already moved lower and gave us the confirmation needed to enter this sell position. We're now waiting for a retracement for a better RR ratio before selling this pair.
1st confirmation is price below the kumo cloud
2nd confirmation is kumo cloud color are red
3rd confirmation is parabolic SAR now above the price indicating sell pressure
Sell limit EURJPY 125.40
Stop loss 126.10
Take profit 1 @124.70
Take profit 2 @124.00
Use only 1-2% risk
Good luck
Another setup for September 8th is EURJPY pairs.
Price already moved lower and gave us the confirmation needed to enter this sell position. We're now waiting for a retracement for a better RR ratio before selling this pair.
1st confirmation is price below the kumo cloud
2nd confirmation is kumo cloud color are red
3rd confirmation is parabolic SAR now above the price indicating sell pressure
Sell limit EURJPY 125.40
Stop loss 126.10
Take profit 1 @124.70
Take profit 2 @124.00
Use only 1-2% risk
Good luck
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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.