EURJPY on the 1H time-frame.
Steps:
1. The price is moving in the parallel channel of downtrend.
2. Strategy in range trading will open SELL order at the upper channel and BUY at the lower channel.
3. Follow up an order position when the price breakout the channel.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Like this article? Show your appreciation by sending a tip to the author.
Leave Your Message Now