FX.co ★ jerome82 | EUR/JPY

Hello traders, I want to share with you the levels I will be working with. So, for selling at the level of 181.11, the pair EURJPY has given us a signal, as we can see on the screenshot, which is for the 1-hour timeframe. If the market situation changes and the big players decide not to go in my direction, we will have a STOP at 181.61. However, if everything remains the same, we will partially close the position at 180.61, then reach 180.11 where we will secure another part of our profit. We will aim to stretch (try) the remaining profit and close it at 179.61. To prevent our profit from turning into a loss, we will trail stop orders after each fixation.