EurJpy possible 200 pip move.

EURJPY
A h4 inside bar (shaded white) has formed at a key resistance zone.
I sold the pair at the low of the mother bar with stop loss at the bar's high.
Entry price: 128.89
Stop loss: 129.6
Profit target: 126.9

Commento:

The daily bar has closed forming a strong bearish pin bar.
I have hereby moved my profit target to 125.4.

Trade chiuso: stop raggiunto

Commento:

I will now wait for a second entry signal. But if price significantly crosses the 129.6 resistance area, my market sentiments will change to bullish.

Commento:

Price has significantly crossed the 129.6 resistance.My sentiments have now shifted to .