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TomProTrader
Oct 28, 2016 10:18 AM

#EURJPY-Update: Bull Momentum Proven, More Upside? 

Euro Fx/Japanese YenFXCM

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Traders,

UPDATE: Price moved very well since last posted (See related ideas). Expecting more upside off of the level. A very easy 140 pips in profit here. Well done to anyone who caught this move, and my private group who caught the move with me.

Bullish harami signal as a result of a Monday to Sunday gapping into the Friday's bear candle. Creating bullish pressure. Price is at sideways support level so expecting some upside here off of the candlestick momentum into the highs. this could be an impulse or corrective leg. Whatever leg it is, we can pick up some points with this trade.

I hope you have a tested trading strategy to trade this move when it starts
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