Trader_Joe_Lee

EURJPY daily bullish XYAB and demand zone combination

Long
Trader_Joe_Lee Updated   
FX:EURJPY   Euro / Japanese Yen
EURJPY had dropped more than 350 pips within 2 weeks,
and there is a daily bullish XYAB and demand zone combination long opportunity!

In a pair that has 10 consecutive bearish bars in daily chart, it's really hard and not really necessary to put a buy limit to catch the knife,
what's more, it's also an inside day breakdown today.
What this trade got to wait is a nice hr/4hr reversal sign near 129.50, and trade the reversal sign, to trade the exhaustion of the bear momentum.


Let's see how it goes!

Comment:
30min 2618 on the mark!
Comment:
Got the 1st kick@ 129.65! Trail the others!
Comment:

put the out below 129.65 to trail
at least a 1:1 trade!
Comment:

Triggered a daily engulfing yo! Nice combination~
Comment:
Put the out below 129.90 to trail!
Comment:

Gotta take some profit near the 131.45 supply zone~

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