EURJPY TCT Opportunity

FX:EURJPY   Euro / Japanese Yen
702 8 11
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 http://www.tradeempowered.co.uk

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Good Luck!
Comment: Didnt get the pull back I wanted but great analysis regardless. On to the next one
Nice set up! this is what i got

What do you think?
+1 Reply
Very nice! I was looking at the same thing! :)
+1 Reply
J_Graystone PateSkpate
Great Minds! ;-)
What does "TCT" stand for? Thanks
Trend Continuation Trade..
+1 Reply
beat me to it ;-)
Trend Continuation Trade
+1 Reply
JohnSS J_Graystone
Thanks to you and Tony for the answer.
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