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BarryAllen_Thee

EURJPY LONG { COUNTER TREND TRADING - DAY TRADING STRATEGY]

Long
Euro / Japanese Yen (FX:EURJPY)  
BarryAllen_Thee Updated   
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Harmonic Patterns EURJPY eurjpylong ejlong countertrend
2
0
trendanalysis chartpattern harmonicpatterns eurjpy eurjpylong ejlong countertrend
snapshot
EURJPY

EJ 1D -
Simple harmonic movement. Overall trend is uptrend. Currently price is making retracement. However, there is a SBR formation in 131.00 brn zone. Price might shift from uptrend to downtrend. Anyway, current price at 130.000 BRN level, also a fresh RBS zone.
We can consider counter trend and target to 131 retracement.

snapshot

EJ 4H -
Bearish momentum getting weaker. It's time to look for buy opportunity.
Target buy limit @ 129.90
SL @ 129.40
TP 130.90

RRR at least 1: 2

Trade at your own risk
Trade closed: stop reached:
Quick Update:

Price broke lower and reach 78.6 level then only bounced higher.Too bad I was stopped out.
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