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Trend Following and Continuation Pattern on EURJPY

FX:EURJPY   Euro / Japanese Yen
WE HAVE BEEN IN A CHANNEL ON EURJPY SINCE THE START OF THIS YEAR, AND IT IS MAKING A PUSH TOWARDS THE 126.00 LEVEL. AS USUAL AFTER A RE-TRACEMENT WE LOOK FOR A FAKE OUT AND WE GO LONG AT THE OPEN OF THE NEXT 4H CANDLE.

ALWAYS MANAGE YOU RISK AND ADJUST YOUR VOLUME ACCORDING TO YOUR STOP LOSS AND NEVER RISK UP TO 2% OF YOUR ACCOUNT ON ANY ONE TRADE. NEVER EVER TRADE WITHOUT A STOP LOSS

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