TheSignalyst

EURJPY - Following The Bulls ↗️

Long
FX:EURJPY   Euro / Japanese Yen
Hello TradingView Family / Fellow Traders,

📈 EURJPY has been overall bullish, trading inside the rising channel in blue and it is currently approaching the lower blue trendline.

Moreover, the zone 150.0 is a robust round number and demand zone.

🎯 Therefore, the highlighted blue circle represents a significant area to consider for potential buy setups, as it marks the intersection of the green demand and lower blue trendline.

📚 As per my trading style:
As EURJPY approaches the blue circle zone, I will be actively searching for bullish reversal setups to capture the next bullish impulse movement.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr

This analysis is done using RichTL
www.RichTL.com

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