יורו / יין יפנישורט
EURJPY Trade Analysis
System C's EURJPY trade reason
Gold arrow: Entry price
Red arrow: Stop loss price
Green arrow: Take profit price
Trade Setup:
EURJPY formed a major channel in the hour 1 and hour 4 timeframe.
Trade confirmation:
Price touched the top of our channel.
Trade reasons:
1) price touched the top channel
2) Good risk-reward ratio ( 1 - 1.69 )
3) Price also touched a strong Resistance
Take profit reasons:
1) Take profit level was set at the half of the channel to not overestimate market trend.
Stop loss reasons:
1) Stop loss level was set to be above the top of the previous high wick.
2) If price breaks the wick, it might be a breakout of a new trend.
Gold arrow: Entry price
Red arrow: Stop loss price
Green arrow: Take profit price
Trade Setup:
EURJPY formed a major channel in the hour 1 and hour 4 timeframe.
Trade confirmation:
Price touched the top of our channel.
Trade reasons:
1) price touched the top channel
2) Good risk-reward ratio ( 1 - 1.69 )
3) Price also touched a strong Resistance
Take profit reasons:
1) Take profit level was set at the half of the channel to not overestimate market trend.
Stop loss reasons:
1) Stop loss level was set to be above the top of the previous high wick.
2) If price breaks the wick, it might be a breakout of a new trend.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.