EURJPY - LONG @ BREAKOUT (might be 120.250)
DESCRIPTION: EJ is in an area of major structure and psychological support (120.000). It might also reject the daily trendline (uptrend). We also have a potential inverted H&S in this area.
ENTRY: I will enter at the trendline breakout of the inverted head and shoulders.
TARGET: targeting the next structure resistance @ 121.150.
STOPS: will be placed below the higher shoulder of the H&S.
ENTRY: I will enter at the trendline breakout of the inverted head and shoulders.
TARGET: targeting the next structure resistance @ 121.150.
STOPS: will be placed below the higher shoulder of the H&S.
Trade active
Trade active
Trade closed: stop reached
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