Good Morning,
Looking to long EUR/JPY given elliot formation of 5th impulse in confluence with corrective E. We are also approaching an oversold via Stochastic indicator on higher timeframes. There may be another retest of trendline, not sure. However, keep in mind, should price surpass trendline area, pattern changes. Look for confirmation to enter, I also advise you to facilitate this trade on a lower time frame for a better entry. Please execute with your own due diligence.
Thanks,
Trade Wisely
Looking to long EUR/JPY given elliot formation of 5th impulse in confluence with corrective E. We are also approaching an oversold via Stochastic indicator on higher timeframes. There may be another retest of trendline, not sure. However, keep in mind, should price surpass trendline area, pattern changes. Look for confirmation to enter, I also advise you to facilitate this trade on a lower time frame for a better entry. Please execute with your own due diligence.
Thanks,
Trade Wisely
Trade closed: target reached:
TP 1 reached
Trade closed: target reached:
TP 2 reached
Comment:
Trade completed
