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Euro / Japanese Yen
Long
Updated

EURJPY LONG

148
snapshot
Weekly:
- Bullish MS
- Bullish candle close

*Smaller Inv H&S
*Support IC
*Monthly Bullish M + Bullish close

snapshot
Daily:
- Bearish driver
- Natural M
- Inv H&S
- The D100 is support by weekly zone and daily IC's

*Only disadvantage is daily bearish driver

snapshot
4H:
- Bullish
- Impulsive PA
- Deceleration 1
- Back upped by 4H IC's and weekly zone
Trade closed: stop reached
Deceleration trade was a BE trade

Trade was executed perfectly with going BE after 1% and anticipated on the bullish M for the next entry

snapshot
Note
Bullish M trade BE trade

Execution was perfectly done

Price was just in the relief phase for potential downside momentum and reversed

Profit taking would have been very agressive

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SimonVerlinde
Also on:
Beyond Technical Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Beyond Technical Analysis
SimonVerlinde
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.