EURJPY LONG
Price Action Day Trading
Daily Bias Bullish
H4 TF price retrace back to a strong horizontal level. Then price formed a bullish candle pattern and rejected from that level.
H1 TF Price formed a triple bottom pattern and break through with a strong momentum candle towards upside.
Set long trade at the broken resistance of consolidation targeting Swing High for Daily with R:R 1:3. Trade can last only till tmr 6pm due to EUR news
Daily Bias Bullish
H4 TF price retrace back to a strong horizontal level. Then price formed a bullish candle pattern and rejected from that level.
H1 TF Price formed a triple bottom pattern and break through with a strong momentum candle towards upside.
Set long trade at the broken resistance of consolidation targeting Swing High for Daily with R:R 1:3. Trade can last only till tmr 6pm due to EUR news
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