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rickyboobii

EJ Multiframe Change of Trend Great Risk Reward Potential

Long
Euro / Japanese Yen (FX:EURJPY)  
rickyboobii  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators euroyen Multiple Time Frame Analysis
6
0
trendanalysis chartpattern indicator euroyen mtfa
snapshot

I was tracking the daily range and the break of the trendline for the high high and we are now retesting the breakout zone of the trendline
and Im looking for the higher low .

This brings us to the main chart where Im tracking the big ECB candle from the 12th of September

-Notice we tested the lows but didn't break and after the test we broke the H4 trendline to the upside
-Also we are in the .50fib zone of the whole range(daily) that is changing trend to the upside
-Going to take an entry on the retest of the break candle with stops on the recent ECB extended lows
aiming to the upside for a potential top of the range break.

Happy Hunting Happy Trapping
BooBii






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