Euro / Japanese Yen

Short

EURJPY 4H Returned to Range Box

By Tradingstrategyguides

Updated

Range box breakout failed. Pair re-entered range box. Sell Stop @ 131.40. TP @ 130.55

Note

I have adjusted the top of the range box to the fractal high in the center of the chart. Sell stop is below current low wick @ 131.05. Price came back into the box but tried the bullish trend move again and now is currently at the new top range level.

Note

Price hit entry at 131.05 and hit TP at 130.70

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