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MosakoFx
Feb 15, 2021 1:53 PM

EURJPY Opportunity Long

Euro Fx/Japanese YenFXCM

Description

Market just broke into new minor higher highs after passing long standing resistance level of 127.500.
I am looking for a continuation to the upside to hit the long HH which is the TP target of 133.610

What is the Bias for my entry?

Getting in based on a (Swing/reversal)
The (Doji) acting as a perfect candle to put my SL on its low equaling my 1% risk.

Can I entre ?

Yes , based on the Tp you can follow this pair till it creates a new swing and you will be able to enter
on its Lower High.

Tip!

Just be aware of the fundamentals that may affect price action based on tecnicals
Comments
Dave-FX-Hunter
I love this analysis
MosakoFx
That's great to hear @Dave-FX-Hunter, hope it will treat you well if you planning on entering.
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