Euro / Japanese YenUpdated EURJPY
-Previous Day candle closed Bullish. If we are looking for buys we will take on until resistance formed on 18th Dec 07 daily bearish candle open.
- If we are looking for sells we take on until 18th Sept 07 daily support.
- Wait for 1 hour candle to close above or below zone.
-We risk 3% of our capital. Close trades once price reverses to opposite direction and 1 hour candle closes below/above order Block.
- If we are looking for sells we take on until 18th Sept 07 daily support.
- Wait for 1 hour candle to close above or below zone.
-We risk 3% of our capital. Close trades once price reverses to opposite direction and 1 hour candle closes below/above order Block.
Order cancelled
after re-doing analysis below is my correction. Only issue is this would have crossed over next day. Which is not catered by this analysis. Which means I would have cancelled the trade as well.
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