The808Trader

EUR/JPY Long Ichimoku Trade Idea

Long
FX:EURJPY   Euro / Japanese Yen
This pair had a clean bullish breakout to end the week last week. You can see on the edge of the screen though that we haven't gotten a bullish kumo twist yet and we've gotten pretty far from tenken sen. I am expecting a drawback to test support (probably to tenken sen) where I will look for a buy if our future kumo twist happens. I will also keep an eye on the bullish confirmations, if they change then I will look to exit the trade if I'm already in it, or wait to enter if I haven't bought in yet.

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