Euro / Japanese Yen
Long
Updated

Trade idea - EURJPY Long

283
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.
Note
3M

Bullish M pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Note
WEEKLY

Inverse Head & Shoulders pattern can be in play.

Clear support & resistance zone is there.

snapshot
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.

snapshot
Trade active
Involved.
Trade closed: stop reached
-1%.

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