Dear traders,
Here is your EURJPY Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “5”, and the JPY stands at “1”, meaning that the EUR is stronger than the JPY, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st BUY Limit is placed at 133.05 (with a 1% risk position size)
Our 2nd BUY Limit is placed at 133.88 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 134.24
Our Stop Loss is placed at 132.66
This is a 120 PIPS trade - Risk Reward 1:6
Chart Timeframe; H4
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Trade Smartly.
Here is your EURJPY Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “5”, and the JPY stands at “1”, meaning that the EUR is stronger than the JPY, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st BUY Limit is placed at 133.05 (with a 1% risk position size)
Our 2nd BUY Limit is placed at 133.88 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 134.24
Our Stop Loss is placed at 132.66
This is a 120 PIPS trade - Risk Reward 1:6
Chart Timeframe; H4
Thank you. Like & Subscribe.
Trade Smartly.