EURJPY - Buy
Oct 7th 2pm EST we saw price still trading above EMA lines even after massive selling pressure. Set up FIB and saw a potential good entry for another buy at 124.350 which is touched perfectly. We entered in one position for a buy @124.448
Trade active
Oct 9th @9:30 am EST we are in profit 52 pips from the above entry. placed another entry hours later as we saw a slight retracement. expect more buying long term.Trade closed manually
Closed with a loss, price completely reversed due to the weakness of the EUR today and the strength of the JPY.
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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.