Akil_Stokes
Long

EURJPY 1 HOUR - POTENTIAL BULLISH 2618 SETUP

FX:EURJPY   Euro / Japanese Yen
The EURJPY hasn't been too nice to me over the past 2 trades, but it was once again one of the pairs on my radar during this weeks video. This opportunity isn't as good as the last 2 (yes they were still "good: opportunities even though they lost) but it's one where a trader can take a conservative approach to get involved.

This conservative approach would be in the form of a 2618 trade where the market validates a double bottom completion by moving higher & the trader looks to take advantage of the pullback into structure before getting long.

For a video walkthrough of this setup please watch my youtube video titled "TRADING LESSON - How To Project Profit Targets" starting at the 4:10 mark

I hope you guys enjoy your weekend!

Akil
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Comments

Could be a correction before a move lower...
+1 Reply
Akil_Stokes BenFxLDN
@BenFxLDN, certainly could be
+1 Reply
very possible
Reply
Akil_Stokes DaweFXHunter
@DaweFXHunter, Thanks Dawe
Reply
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