EURJPY

Long term view. The price entered into the supply zone.
Expectations:
A) Bouncing down from red supply zone (resistance).

B) Breaking above that supply zone (resistance) means flipping into demand zone (support).

Kommentera:

Seems scenario A) is taking the place. Looking for SHORT if the price will pull back to 134ish.

Entry @ 134
SL @ 139
TP1 @ 124 (Risk Reward Ratio = 1:2)
TP2 @ 116

Trade stängt: målet nått:

Took some months, but well...It's 2000 pips swing. :-)