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

EUR/JPYOANDA

Description

⋅ Jul 14, 2019 7:35 AM

NIce harmonic movement formed in EURJPY 1 Day Chart completing an ABCD BUY Pattern.
53 pips of profit potential
1.78 Reward/Risk Ratio

⋅ Jul 15, 2019 12:49 AM

⋅ Jul 15, 2019 6:30 AM

1st profit objective filled

⋅ Jul 15, 2019 1:52 PM

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

Yhvh_0lu

⋅ Jul 14, 2019 12:44 PM

This a one day chart for 15th of July and a downtrend?

Sankapathum

⋅ Jul 14, 2019 12:49 PM

@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.