J_Graystone
Long

EURJPY TCT Opportunity

FX:EURJPY   Euro Fx/Japanese Yen
700 8 11
a year ago
Since this pair has been down retesting a previous level of support on the daily, we have been watching the market consolidate and we have earned some profit out of the consolidation, firstly with the 2618 trade, the a bat pattern and a few other advanced pattern trades.

Now we have seen a break out of the consolidation area, we will be looking for a pull back into the previous structure resistance and narrowing down the best kill zone hopefully during the London Live Room session tomorrow.

Looking left, price action is at a previous level or structure but after that, there is nothing until the 130.98 level so some good room for potential profits.

If you want to come into the live trading room to watch me trade live tomorrow, go to www.tradeempowered.co.uk

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Good Luck!
a year ago
Comment: Didnt get the pull back I wanted but great analysis regardless. On to the next one
JohnSS
a year ago
What does "TCT" stand for? Thanks
Reply
TONY_UK JohnSS
a year ago
Trend Continuation Trade..
+1 Reply
J_Graystone PRO TONY_UK
a year ago
beat me to it ;-)
Reply
J_Graystone PRO JohnSS
a year ago
Trend Continuation Trade
+1 Reply
JohnSS J_Graystone
a year ago
Thanks to you and Tony for the answer.
Reply
PateSkpate
a year ago
Very nice! I was looking at the same thing! :)
+1 Reply
J_Graystone PRO PateSkpate
a year ago
Great Minds! ;-)
Reply
Nice set up! this is what i got
EURJPY STRUCTURE BREAKOUT


What do you think?
+1 Reply
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