It seems that EURJPY hit the floor at 131.50 and therefore after seeing a long wick on the 4hr I am going long. I see this as a short term trade and I will follow it closely. Ifit will struggle around 132.50 I might decide to close the trade earlier , otherwise I wil ltry to hit target at previous high around 133.20
Trade closed manually
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As I thought , the pair struggled around 132.50 and did not go through. Since the trade is not moving , I rather close it and see what happens. Loss of 13 pips