TBonch

EURJPY Continuation??

Long
TBonch Updated   
FX:EURJPY   Euro / Japanese Yen
EurJpy has Been on a strong bull run over the previous weeks Breaking out of a price channel and has now come back for a retest with huge confluence building giving a high probability trade entry.
However, as this is Easter weekend we can expect little movement until next week midweek.
Confirmations for Long Trade:
  • Hidden divergence suggesting continuation.
  • Fibo support
  • Trend line 3rd touch (most traded data point on trend line)
  • Channel breakout retest
  • Confluence building all in a key zone
Trade active
Trade closed: stop reached:
Sl closed in profit
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