EURJPY buy limit at 132.552 SL 132.123 TP1 133.289 TP2 133.871 TP3 134.931
I am buying this bullish pennant. Overall trend is long
Welcome traders to a free analysis breakdown. Today I am highlighting possible trade ares on EURJPY, if you any questions on the pair let me know in the comment section below. Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful . If you liked this free educational please...
Wicks thrown to the downside, means price is rejecting the downside movement.
A simple trend line was form at time frame 1 hour, and I think after the long shadow candle, EURJPY gain a bullish power again. Slow but sure, climbing up to test the Resistance @126.20. So I decided to use this moment to go Long Position : BUY @125.15 STOP LOSS @124.45 TAKE PROFIT @126.15 It may go up, it may be not. This is just an analysis and my perspective....
On the 4hr chart we see a bullish Gartley has formed. The price will retrace @ the 127.40 area. I expect price to complete the D leg at this point where I look for bullish evidence before taking the trade, Cheers make those pips my friends. Use proper money management.
Long EURJPY from 128.82 with 30pips PT/SL. There is another order-block and volume cluster for us to go long. Good luck. We are already long from the previous order-block. It was looking good until sell-off un S&P. Poor results from Twitter and Intel dragged it down. Some of you hopefully would have come out before the weekend. I also did that but for my...