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jeannot78610
Jan 7, 2015 11:52 PM

EURJPY Long Long

Euro Fx/Japanese YenFXCM

Description

Potential upcoming high-probability setup.

1/ With the trend (looking at the big picture)
2/ Key level at around 140.00 - 140.30
3/ 61.8% retracement

Waiting for 4/ Reversal candles and change in trend on lower timeframes (trend change on lower timeframes = new run on the higher timeframes).

First level to look at for profits : 143.00 ; but could be potentially broken to the upside ; stop loss will have to be smartly managed.
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