EURJPY 240M
2019-11-11 06:06:52
Hello traders!
This trade is in play, 1st of the week. There is a 40 pip target between lines C and D,
although my current target is set at 80 pips from the C line because price is coming
off a three point decline from line A. I will take full or partial off at the C line if price
reaches the 1st target.
This trade can also be taken with a sell stop order as a set&forget setup.
It`s recommended to position stop no further away than 1:1 RR away from entry, although this
may vary with markets and volatility.
Best,
Jay