EURJPY: Long entry at the completion of this AB=CD pattern Long

Euro Fx/Japanese YenFXCM

Description

⋅ Jan 12, 2017 6:00 PM

Hi traders,

On the EURJPY we have an AB=CD completion, 161.8% Fibonacci extension and previous structure at the same area. This seems like a good place to go long.
Entry: 121.060
Stop: 120.685
Target 1: 121.757 = R:RR 1.85
Target 2: 122.317 = R:RR 3.41

Good luck! :)

Trade active

⋅ Jan 16, 2017 1:13 PM