Sell Description:
Pair: EURJPY
SL: 20 - 30 pips
TP: 80-100 pips
We have identified a potential selling opportunity in EURJPY pair. The price has shown signs of bearish momentum and is currently trading below key resistance levels.
Our entry point for this trade is at , with a stop loss (SL) set at . This provides a risk-reward ratio of approximately 1:3, ensuring a favorable risk management strategy.
Our take profit (TP) target is set at mentioned Area , aiming for a potential gain of 80 to 100 pips. This level aligns with previous support and offers a high probability of price reversal or further downward movement.Please note that trading involves risks, and it is essential to manage your positions carefully. Always adjust your position size according to your risk tolerance and ensure you have a clear understanding of the market conditions before entering any trades.
Pair: EURJPY
SL: 20 - 30 pips
TP: 80-100 pips
We have identified a potential selling opportunity in EURJPY pair. The price has shown signs of bearish momentum and is currently trading below key resistance levels.
Our entry point for this trade is at , with a stop loss (SL) set at . This provides a risk-reward ratio of approximately 1:3, ensuring a favorable risk management strategy.
Our take profit (TP) target is set at mentioned Area , aiming for a potential gain of 80 to 100 pips. This level aligns with previous support and offers a high probability of price reversal or further downward movement.Please note that trading involves risks, and it is essential to manage your positions carefully. Always adjust your position size according to your risk tolerance and ensure you have a clear understanding of the market conditions before entering any trades.