EURJPY has formed an ascending channel. Within this, there is a demand zone that sits between the 0.5 - 0.618 Fib. Expecting price to reverse where the demand zone meets the trend. Will wait for suitable candlestick confirmation before entering. Potential for 120 pips. Minimum of 1:2.5 RR.
Completely new to trading! Let me know what you think.
Completely new to trading! Let me know what you think.