EURJPY Idea
Updated
G'day Guys
Today we going to analyze EURJPY. Finally, a Solid and strong uptrend was a break. I have been monitoring this pair for some time which is impossible this pair will continue to rally without deep corrections.
Today I expect this pair to create/ retest the broken trendline before continue to bearish. As expected, last week this pair was creating an HNS formation and get another confirmation on fundamental data release.
Today we looking for around 1++ pips retracement target profit until the MRZ (yellow) zone. Then after that, we going to wait for confirmation before executing another Sell position.
"Dance with the market movement"
Let's see what happens next.
Today we going to analyze EURJPY. Finally, a Solid and strong uptrend was a break. I have been monitoring this pair for some time which is impossible this pair will continue to rally without deep corrections.
Today I expect this pair to create/ retest the broken trendline before continue to bearish. As expected, last week this pair was creating an HNS formation and get another confirmation on fundamental data release.
Today we looking for around 1++ pips retracement target profit until the MRZ (yellow) zone. Then after that, we going to wait for confirmation before executing another Sell position.
"Dance with the market movement"
Let's see what happens next.
Trade closed: stop reached
Stop Loss Hit. Wait for another setupTrade active
Another buy from 130.270 area. HoldingTrade closed: target reached
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