Hi Guys,
Here's another EURJPY trade pattern that i found quite interesting.
If you look at this chart, we can see that the price has reach the 0.618 level followed by a pullback to the 0.786 level, which then continues a its down trend.
I would wait to see what happens when the price hits the trend line, and make a decision from there. However, i believe that this chart is following an ABCD pattern.
T/P at 123.69
S/L at 132.89
R:R at 2.2
Pleased don't trade more than 2% of your capital
Cheers!
Here's another EURJPY trade pattern that i found quite interesting.
If you look at this chart, we can see that the price has reach the 0.618 level followed by a pullback to the 0.786 level, which then continues a its down trend.
I would wait to see what happens when the price hits the trend line, and make a decision from there. However, i believe that this chart is following an ABCD pattern.
T/P at 123.69
S/L at 132.89
R:R at 2.2
Pleased don't trade more than 2% of your capital
Cheers!
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
