EURJPY SS Post News Long Trade + 71 Pip Potential

We had a good push up on the Eur pairs on ECB rate decision and Press conference. This pair has now gone into a consolidation between 121.376 (High) and 120.976 (Low). Moreover, it is now above the 60 and 15 clouds, as well as the 60 KS and 15 KS
Entry = 120.99
Stop = 120.79
Risk = 20 pips
Profit target = 121.70
Reward = +71 Pips
RRR = 3.5-1
Once this trade is up + 25 pips, move your stop to breakeven and let it run

I would appreciate if you leave a comment or like as a thank you
Allen

Trade active

This trade has been triggered and is now Active :)

Trade closed manually

Unfortunately, this pair did nothing during the European session and with New York opening and US Advance GDP coming out at 8:30am est. just going to close this here at breakeven. No harm, No foul.

AGold54

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

AGold54