EURJPY 12/13-Nov-2024 Possible Day trading Idea
EURJPY Day trading Idea
1.EURJPY is in a bullish trend
2.I am looking for buys on a HL
3.Current trend is Pro trend
4.Price recently broke above previous H, formed a new H. left out a clean consolidation range before breakout. (In higher timeframes this will appear as OB)
By highlighting the recent BOS; HH; recently formed HL, i can apply the FIB levels to identify the possible entry point where price has already reacted to it. but going down to LTF we can identify a MSS, and another possible area for entry.
Proper risk management can be applied, This is a B setup trade.
BOS-->HH-->HL---> Look for discounted prices for HL
1.EURJPY is in a bullish trend
2.I am looking for buys on a HL
3.Current trend is Pro trend
4.Price recently broke above previous H, formed a new H. left out a clean consolidation range before breakout. (In higher timeframes this will appear as OB)
By highlighting the recent BOS; HH; recently formed HL, i can apply the FIB levels to identify the possible entry point where price has already reacted to it. but going down to LTF we can identify a MSS, and another possible area for entry.
Proper risk management can be applied, This is a B setup trade.
BOS-->HH-->HL---> Look for discounted prices for HL
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.