TomProTrader

EURJPY buy setup.

Long
TomProTrader Aggiornato   
FX:EURJPY   Euro / Yen giapponese
15
Hi guys,

We are in a daily corrective structure. I am expecting a move up on the 240 so look for a buy setup. Could be an impulse leg if it breaks structure and caries on the move up. So looking for a buy setup on breakout is probably a good idea.

Thank you for your support.

Commento:
Price hanging around at top of structure. Due to a small pullback and bull follow through, a minor ABC, MAY have formed here, allowing the C wave to create a breakout of structure at current levels. Will this happen? I guess we will soon find out.
Commento:
Price accumulated after a small impulse wave. If this is a minor ABC pattern, this could be a GREAT opportunity for us to buy to upside before structure has even been broken, which means we can maximise our profits.

Use your tested trading strategy to find the buy setup.
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