Sankapathum
Long

EURJPY | 1DAY BUY | Lightning Bolt (ABCD Pattern)

OANDA:EURJPY   Euro / Japanese Yen
NIce harmonic movement formed in EURJPY 1 Day Chart completing an ABCD BUY Pattern.
53 pips of profit potential
1.78 Reward/Risk Ratio
Trade active
Comment: 1st profit objective filled
Trade closed manually: Trade Closed with 21 pips of profit. Since market has pushed down. We will be looking for another entry signal at 121.532 structure level

Comments

This a one day chart for 15th of July and a downtrend?
Reply
@Olu-6_S, No mate this is the 4 Hour chart for 15th of July. Yes the underlying trend is bearish, but this is simply a counter trend trade.
Reply
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