PriceActionTrading
Long

EURJPY POSSIBLE 2618

FX:EURJPY   Euro Fx/Japanese Yen
119 4 5
H4 AND D1 HAS MADE HIGHER HIGH.
IM LOOKING FOR 2618 TO ENTER LONG.
TP AND SL WILL BE UPDATED ACCORDING TO PRICE ACTION FORMED ALONG 135.00.

ALTHOUGH THE D1 HAS POSTED A SLIGHTLY LOOKING BEARISH PIN BAR , I AM NOT GIVING IT RECOGNITION AS THE FORMATION IS NOT MAKING SENSE TO ME.

THE H4 150 PIPS PIN BAR WAS CAUSED BY A 61.8% OF THE D1 SCALE.
snapshot
NICE MATE. EXPECTING LONG EUR. THANKS FOR SHARING
+1 Reply
Andyle,
Price was rejected off the 50% instead of the 61.8%, creating close to a 100 pips pin bar.
cancelling this trade order.
snapshot
+1 Reply
If you are short GBPJPY and long EURJPY, I would recommend you to go long EURGBP ;o). Good trading and thanks for all your posts!
Reply
Yes you are right. Thanks for your comment. Im just posting ideas i find interesting I only traded GBPJPY.
Reply
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