Hello guys. Hope everyone having a good time. My bias on EURJPY at this point is somewhat neutral. Yes, i believe that from my entry price is first going to move to the upside. However when it get to the highlighted region. There's a very high chance that this could turn into and HnS pattern. If this pattern does comes true, it's going to give us a large bear retracement.
we are close to the end of the month, that's why i am unsure of the HnS. Though there is a large possibility for it.
Always pay attention to candles close.
Keep your eyes on this one. I'll be posting updates after monthly candle close.
we are close to the end of the month, that's why i am unsure of the HnS. Though there is a large possibility for it.
Always pay attention to candles close.
Keep your eyes on this one. I'll be posting updates after monthly candle close.
Trade active:
When i posted this trade idea, i stated that i was unsure of the HnS pattern. Though there is a high possibility for it. Right now, price has broken above the region which i highlighted. My bias is fully bullish on this pair for now. I expect to see price rally up to my take profit.
This is just my bias i may be wrong. I am in this trade on mt4.
Check back later for update
This is just my bias i may be wrong. I am in this trade on mt4.
Check back later for update
Trade closed: target reached:
Take profit hit nice and clean