EurJpy Trade Idea
Updated
EJ has been in a range for some time now. I managed to catch some EJ buys earlier where targets were met after a clean change of structure at a level of support. With price still respecting the range and showing a break of structure at the level of resistance I'm personally looking to short the pair for a potential 1:3rr if price can give a bearish candle on both the 1hr and 15m. If price decides to head back to the upside I'll wait on another break and retest with some type of bullish confirmation to go long on the pair. We'll see what happens.
Trade active
Just went short for a 1:3rr.
Entry: 164.462
SL: 164.735 (27 pips)
TP: 163.636 (82 pips)
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