I am predicting the EURJPY to continue it's current uptrend off of support from the last swing high. There is also an upward trendline which will provide a barrier to the downside. If this breaks, then the trade is invalid. I have already jumped in but I should have waited to see what happens at this trendline. The target is the upper, long term trendline.
I will probably be looking for a short entry should the price reach the upper trendline.
Thank you, good luck!
Trade active
Trade closed: stop reached
Jumped in to early, lesson learned
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