Now at first glance I thought I would have to let the trade go as I didn't see a significant level of structure, but as I checked my higher time frames I noticed that "looking left" we did have previous structure in the form of a left shoulder. This is very similar to the setup we captured on the EURJPY a few weeks back.
On the chart I drew 2 different levels of where to think about taking positions off depending on if your more on the aggressive side or the conservative side.
Also, here's the link to my latest Weekend Review video "Has September Been Frustrating?" talking about why September is often a tough month for pattern traders, or non trend continuation traders. https://www.youtube.com/watch?v=dyHAZ6mLa2A&list=UUVveEks3MWZqOsvzTF_LGQg
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