EURJPY 4 Hour: Potential Bullish 2618

FX:EURJPY   Euro / Japanese Yen
1975 13 33
A potential Bullish 2618 opportunity on the EURJPY            
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Did you enter on the initial double bottom as well Akil? Looks like we would have hit targets at the 382 and 618.
+1 Reply
No i did not
Bullish or Bearish? Can short here?
+1 Reply
The 2618 is a bullish trading opportunity. I would only short here if the setup to short meets a rule of engagement that you have in your trading plan. I would never buy or sell anything without it meeting my trading rules personally
@Akil_Stokes, technically its an invalid cypher but i want your comments on that one Akil..
+1 Reply
Akil_Stokes NafeesulHassan
As you said it's invalid
I love how to R:R increases in line with the size of the 2618 setup, because stops stay at the same place below lowest lows and entry and targets creep up and up!
+1 Reply
lukeboland lukeboland
how the*
Akil_Stokes lukeboland
I agree, the trader has a lot of freedom on when/how to take the trade, that they can really create any desired risk reward
+1 Reply
What is a "2618"? :-)
+1 Reply
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