EURJPY: Buy The Dip Or Breakout Continuation

118
I'm looking to buy EJ...

If price retraces early next week, monitor 167.40–167.70 zone for bullish reaction and confirmation. Wait for M15 bullish BOS after price taps 167.40–167.70. If confirmed, execute long entry from this discounted range.

Entry: 167.40 – 167.70
Stop Loss: 167.10
TP1: 168.60
TP2: 169.20
TP3: 170

If price breaks and closes above 168.60, look for a retest for breakout continuation.

Trigger: Break + H1 candle close above 168.60
Entry on Retest: 168.60 – 168.70
Stop Loss: 168.20
Target: 169.50 – 170.00

Invalidation: H4 structure break below 167.00 would weaken bullish outlook short term

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.