fromzerotospyro

Funnel Trading: A case for funnel break out on EURJPY

Kort
FX:EURJPY   Euro/Japanska yen
Hello Traders

Looking further into a choppy market indeed I present to you my tactical entry on EURJPY.
The price has been fluctuating within a funnel here on the 4h chart.
We are looking to position in a potential continuation.(looking at 128.000 round number as potential level)
Also note that this is the third time that price tested the funnel and broke it with some forceful downward momentum.

Please bear in mind that you should always place stop loss orders in every setup.

Trade safe, trade well.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.