FXLondonAnalysis

EURJPY - Long

Long
FXLondonAnalysis Updated   
OANDA:EURJPY   Euro / Japanese Yen
-The final JPY pair that I'm longing against, bullish market structure with an ascending channel
-Price has reached a strong area of liquidity and supply and has rejected nicely with a bullish engulfing on the 4hr TF
-This trade has a 1:3 RR with a generous SL and a potential 200 pip TP
Trade active:
TP1 hit, 93 pips bagged, sl to entry for risk free
Trade closed: stop reached:
Closed out at breakeven, high impact news turned this one around too
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