Description
⋅ EURJPY is likely to complete a deep gartley pattern at 121.88. (Factor in your spreads for entry)
This is the price I am aiming for my entry hopefully by this week.
I hope to see RSI hitting oversold, this is a daily shark pattern which can easily hit 61.8 retracement of the C-D leg.
Potentially a 1:8 risk to reward trade setup.
Trade active
⋅ Went in 121.92 during NFP.
Now hoping it goes up smoothly.
Easily should hit 123.50,
TP2 at 125.90.
Comment
⋅ TP for 1st positon at 124.40. (Take Profit 245 pips first)
Looking for reentry around 123.70 (Will update why soon)
Trade closed: target reached
⋅ Trade closed early at 124.40. +255 pips.