We have 2 options for this trade:
Plan A: Waiting for 1-2 more bearish signals to short
High Risk to Reward Ratio
Plan B: Continue with the trend
The price breaks the resistance zone,
wait for pullback and go for long :)
Plan A: Waiting for 1-2 more bearish signals to short
High Risk to Reward Ratio
Plan B: Continue with the trend
The price breaks the resistance zone,
wait for pullback and go for long :)
Comment:
Our previous analysis on EUR/JPY long was correct.
Comment:
EUR/JPY breaks the resistance zone with strength.
Now we wait for weak pull back and long... :)
Now we wait for weak pull back and long... :)
Trade active:
Now this pair has a weak pull back sit on the previous resistance zone well.
Zoom into H4 diagram is a Swing Setup.
Trade with
EP: 122.255
SL: 120.156
TP: 127.310
Trade Safely :)
Zoom into H4 diagram is a Swing Setup.
Trade with
EP: 122.255
SL: 120.156
TP: 127.310
Trade Safely :)
Trade closed manually:
Decided to cut lose early.
Because this trade is no more validate based on the setup we are looking for.
Because this trade is no more validate based on the setup we are looking for.
