The Final Selldown for EURJPY - 121.88

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 attivo:

Went in 121.92 during NFP.

Now hoping it goes up smoothly.

Easily should hit 123.50,

TP2 at 125.90.

Commento:

TP for 1st positon at 124.40. (Take Profit 245 pips first)

Looking for reentry around 123.70 (Will update why soon)

Trade chiuso: obiettivo raggiunto:

Trade closed early at 124.40. +255 pips.