Fxprotrader
Long

EURJPY: Pending Buy Setup, Wait For The Breakout

FX:EURJPY   Euro Fx/Japanese Yen
Price is moving into a corrective structure after an implusive move which ended a long term downmove. Wait for price to break above the correction and go long. in the chart i show to potential profit targets. Stoploss should be placed below previous low.

Trade active
Comment: Price has broken above the correction
I am Dammmn Sure We will hit Target 2 :)
Your anaylsis <3
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Let's see ;)
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I'm in. Good luck! :)
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You too :)
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Pinbar on H4 doesn't bother You?
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No BeFX.. I don't trade pinbars
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BeFX Fxprotrader
I see. Thanks for reply.
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You are welcome :)
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Rejection at monthly key level. 113.500's.
It's short. Just like the rest of Yen pairs.
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Fxprotrader ShelbyEdmonds
Good to know.. Can you share a chart? Thank you for your comment :)
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You are the most pro, your ideas are correct
+1 Reply
Fxprotrader angel1998.aaa
Thank you :)
+1 Reply
I'm in. SMTM
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I traded it now in long at 112.851. My tp is 114.461.Good luck!
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after broken above, it move lower . is that fake setup ?
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Fxprotrader RedQueen
I don't know what a fake setup is.. The point is that it's still in a correction and we should wait for an impulse up.. That's what i believe
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RedQueen Fxprotrader
can you share how do you choose the point of the stop loss 112.665?
I saw some of your post, its tight before it reverse. nice :D
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is this trade still active
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Its consolidating at very low what to do now ?? :(
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I can't tell you what to do :) It's your account.. I will stay with my initial setup, as it's still in a correction and i expect a move up
+1 Reply
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