ARFXC
Long

Long on EUR/JPY BUY BUY BUY

FX:EURJPY   Euro / Japanese Yen
Reasons For

-We formed a triangle formation having multipale bounces on either side
-We broke to the upside
-We have got our retest which is key in my strategy and has put in bullish movement
-Price has put in bullish hammer and then followed by two strong bullish candle clearly showing momentum to the upside

Daily
-We can see 3 bullish candles we are in the direction of the momentum which is key
-Todays candle is looking like it will form a bullish hammer (Sign of bullishness)
-Lots of long wicks too the downside which signifies more buying pressure

Weekly
-Price 2 weeks ago put in a doji
-Last week price put in a bullish engulfing
-On weekly timeframes when a engulfing happens it is a strong confluence
-All these signs identify for me a strong buy setup :)

My entry 128.465
Trade closed: target reached
Beautiful setup
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Thankyou made 150 pips on this setup
:)
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Traded based on your setups many times and they've rarely been wrong. Looks like this one will be another blow out winner, agree with everything you stated too.
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Looks a good setup! Another profitable trade I hope
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Looking great definitely looking bullish
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Nice setup agree with everything you stated in your setup :)
welldone keep it up
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