One of the most pronounced trends at the moment is that of EURJPY.
What is done in such movements is simply to follow them. This is the easiest and most profitable.
Remember that the trend is our friend and we should not pass it on :)
Here we have several corrections (reversal of a smaller period) after which we have a continuation of the main movement.
Wait for the correction to break for the most accurate moment of entry.
StopLoss below the bottom of correction.
Profit on the next resistances.
And they are:
126.88
127.30
127.82
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What is done in such movements is simply to follow them. This is the easiest and most profitable.
Remember that the trend is our friend and we should not pass it on :)
Here we have several corrections (reversal of a smaller period) after which we have a continuation of the main movement.
Wait for the correction to break for the most accurate moment of entry.
StopLoss below the bottom of correction.
Profit on the next resistances.
And they are:
126.88
127.30
127.82
Support us by liking and commenting on our analyzes!
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💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade