SmartForex
Long

EURJPY - ABCD Harmonic Move

FX:EURJPY   Euro Fx/Japanese Yen
In case you trade harmonics and don't bother a risk above 50 pips, this might be an interesting trade setup for you.
Pair is pulling a harmonic move to the upside and might reach 1618             Fib extension, which will align with previous level of structure looking left.
Pretty decent Risk Reward ratio on this trade.

We are not getting involved because the trade violates our rules for maximum risk in terms of pips.
Trade closed: stop reached: Looks like price struggled to get above resistance leve @.359.
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