lukeboland
Long

EURJPY: Long Opportunity

FX:EURJPY   Euro Fx/Japanese Yen
There is a valid 2618 long setup very close to market at 122.690. I have been in this trade since my order was filled in the first hour of trading last week. We didn't quite make it to the first target at 124.64 and have since dropped back down to entry price.

The trade is still valid, so if you trade double bottom reversals (2618), this is a chance to enter if you somehow missed the first touch of the 61.8% (it happened rather quickly).

Trade plan:
Entry: 122.690
Exit: 121.360
Target 1: 124.640
Target 2: 125.490

This is a large setup so only take it if it meets your risk tolerance and trade requirements.

Good trading,

Luke
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