davinderaulakh

go long on retest of broken range

Long
FX:EURJPY   Euro / Japanese Yen
9
eurjpy is in a nice uptrend , it become range bound near a weekly resistance for some time but know it has broken upward with a nice momentum. we can find an opprtunity to go long on retest of range or if a higher low is made. to find an entry keep an eye on 4 hour time frame. keep in mind that before testing the range or making a higher low it can move up fr a day or two.
so be patient and let the market give the signal. we are not here as sellers so we will not be checking for higher high. we are intrested in higher low.
i will post on lower timeframe when the signal is given
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