Euro / Japanese Yen
Long
Updated

EURJPY - Look for Reversal Long (INTRADAY) 1:4!

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The JPY pairs have experienced a significant drop due to the recent Yen hike and are now consolidating around the HTF support. There’s potential for a temporary rejection at the Demand Zone, presenting an opportunity to go long, aiming at least for TP1.

Let's see how the market moves as we start the week!

Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Trade active
Liquidity trap (17pips out side the Zone) , and now it's flying...

Losses are inevitable—on to the next setup!

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Trade active
The rejection is strong and clear, let's take this opportunity to re-entry.

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Trade active
30pips from the entry price and keep going!

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Trade active
TP1 Hit!

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Trade closed: target reached
TP2 Hit! That's it. 190pips.

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