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Wednesday, March 17, 2021

EURJPY H1:+40 PIPS ALREADY: BEST level to BUY/HOLD +100 pips

EURJPY H1:+40 PIPS ALREADY: BEST level to BUY/HOLD +100 pips

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EURJPY H1:+40 PIPS ALREADY: BEST level to BUY/HOLD +100 pips
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

πŸ”Έ Summary and potential trade setup
::: EURJPY H1 chart review
::: accumulation in progress
::: trade already running at +40 pips
::: on the right - strong TL in yellow
::: also noteworthy compression
::: expecting pullback soon
::: RETAIL NET SHORT EJ 12 000 std lots short
::: only 2 000 std lots LONG - therefore WILL GO UP
::: focus on buying dips/pullbacks near
::: previous breakout zone/level
::: TP BULLS is 130.80 +100 pips
::: recommend to BUY/HOLD TP 130.80
::: BULLS focus on buying near range lows
::: 129.60/80 BEST reload BULLS
::: TP bulls is +100 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
πŸ”Έ Supply/Demand Zones
::: 126.00 fresh demand zone
::: 132.00 fresh supply zone
πŸ”Έ Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK
::: Sentiment outlook mid-term: BULLS/PUMP

Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

from Trading Ideas
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