TheAnonymousBanker

[EURJPY] Following the trade....

FX:EURJPY   Euro / Japanese Yen
Good morning Traders!
Last week, we researched a BUY OPPORTUNITY (speculative) of EurJpy, we took long position on completed ABCD (see 3rd chart below), now we have to understand how to manage our long position, right?
On H4 chart, we saw the possibility of H&S development (do you remeber? see updated 3rd chart below), if pair will be able to hold above the right shoulder, potentially could develop a bullish ABCD with targets very interesting to use as TARGET 2.
MONEY MANAGEMENT: Move your stop loss at breakven.

This week we will follow even weekly and monthly chart to see if the medium-term prospects have changed:

LAST WEEKLY ANALYSIS (public):

LAST MONTHLY ANALYSIS (public):

OUR ACTIVE SETUP:

OUR LAST SETUP on EURJPY:


Dear friend, thank you for your support and trade with care!
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By Anonymous Banker
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