EURJPY has been bearish bearish bearish.. For the last few days we have been retrasing back to previous support at 127 forming a gartley pattern. the 128 is the next major resistance level. In the kill zone we have a 1.618 extention from AB, 50% retracement from the initial leg and bearish Gartley pattern. Because we have been in a really stron bearish move and we broke a major resistance I'll take partitial profits at 122.000 and I will trail for tp2.
Comment:
Half of my position was closed at 125. Stop is now at brake even.
Trade closed manually:
I took partial profits at the 125 and than got a break even on the other part of my positions.
