Charlieab94
Long

EURJPY Long Trade *WEDGE PATTERN SQUEEZING*

FX:EURJPY   Euro / Japanese Yen
After last weeks success on shorting the EURJPY fx pair I am not in a long position to catch the next bullish wave up to 120.00

Price has been squeezing tighter and tighter on this 1hr timeframe and it has made a nice 3rd touch rejection at my 117.200 key level.

I am looking to trade this pair bullish up to the previous resistance at the 120.00 key price level. I will also look to scale in on the move in my normal way.

For more on this strategy, please check out my blog https://diaryofafinancekid.com/blog/
Trade active: 14:1 R:R if price reaches 120.00

I will keep you updated about scaling in
Trade closed manually: Closed manually at 119.800
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