EURJPY - Exit from Range with PRL - Classic Entry

This a classic - textbook entry on a ranging environment. The signal is PRL (Plutus Reversal Long on break of the range) . Stop at 27 pips , break even at resistance level.

Trade closed: stop reached:

Stop was set at Break Even and as suspected from the beginning we found sellers at resistance level and stop was hit. Better to be at 0 profit than a losing trade.