Trade idea - EURJPY Long
Updated
1H
Corrective approach towards entry zone.
Price moving towards entry zone in Descending channel.
= Instant market execution Buy.
1% risk.
Aiming to take full profit at Daily TP.
Corrective approach towards entry zone.
Price moving towards entry zone in Descending channel.
= Instant market execution Buy.
1% risk.
Aiming to take full profit at Daily TP.
Note
3M
Bullish M pattern potentially in play.
Clear support & resistance zone is there.
Note
WEEKLY
Inverse Head & Shoulders pattern can be in play.
Clear support & resistance zone is there.
Note
DAILY
Bullish impulse / break of structure: indication.
Inverse Head & Shoulders pattern: confirmation.
Bigger Bullish M pattern potentially in play as well.
Clear support & resistance zone is there.
Trade active
Involved. Trade closed: stop reached
-1%.
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