A similar setup to our current EURJPY trade, but with less room for clean upside. I'm not saying it's a bad trade, for my strategy it's less obvious to open this one. I'm seeing a hidden bullish bias on weekly timeframe. SL is higher than it should normally be in order to set up a good RR.
Sometimes it gives good results, sometimes it screws a good trade (look at GBPJPY below).
GL H
Sometimes it gives good results, sometimes it screws a good trade (look at GBPJPY below).
GL H
Trade closed: stop reached:
SL hit.
