EURJPY: Price gone higher than expected for a better entry.
Price moved a lot higher to fill the overnight gap down.
My idea yesterday became invalid but this gives me a better entry:
Gap down suggests general direction and now the gap has been filled, supported by a pinbar on the 1hr I'm getting in short with a first TP at 156 (ultimately I think 154), but I think this could be the start of the reversal.
My idea yesterday became invalid but this gives me a better entry:
Gap down suggests general direction and now the gap has been filled, supported by a pinbar on the 1hr I'm getting in short with a first TP at 156 (ultimately I think 154), but I think this could be the start of the reversal.
Trade active
Comment:
Let's go, looking like double top on the retrace...
Comment:
Targeting 156.8 rather than 156 just due to the recent PA on this pair
Trade closed: stop reached:
Carry on waiting...