Nice long set-up on the EURJPY market.
This another kind of trade I really like => low risk entry with huge potential for profits!
Well, on the analysis, the already began, but we have a long opportunity right here to get on this potential wave C.
On the trading view, we have here a really nice .
On top of that, price action formed a on the daily wich a Buy-stop order have been set just few pips above the bar.
The target is generous because we have, on the other side, an emerging pattern wich we could use to get on this later on (not showed on the chart, too messy).
The Risk/Reward on this trade is 15:1
Have a good trade!
"Suppose that this trade would be a loser and act accordingly with proper Risk management"