UPDATE ON EURJPY - 1H CHARTHey Guys,
We are on the long term trade already, saved with the stoploss to brake even, so we don't worry about that one anymore, we just let it work.
Now we are finally getting a new buy setup. Trade the breakout of the flag and you can look for a nice trade to the upside. Our goals is still to break the whole structure (Green lines) and keep the trade.
There are chances of a Flat correction ABC, I drew the lines of the different moves it can do. Let's see what happens.
If market overlaps last resistance and goes out of upside trendline then the buy is invalidated.
Carlos
