The808Trader

EUR/JPY Long - Ichimoku Trade Setup

Long
FX:EURJPY   Euro / Japanese Yen
The Euro has been on a nice bullish run here making higher highs and higher lows. I am looking for a drawback to kijun sen, similar to the last higher lower, to look for a buy entry. My first TP will be our previous high where I'll close partial position. I will then let the rest run, adjusting the stop poss periodically. If our bulllish confirmations change to bearish, or kijun support doesn't hold, this trade may become invalidated.

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.