EURJPY could be the trade of 2018! This multi-year bat pattern is almost completed. I am looking to sell this market once it pop another 200 pips higher to complete the pattern down to the support and continue selling this market throughout the year.
I will start to look for any sort of bearish signal appear in this area and short this bad boy!
Starting to look for sell signal!
Entered the market at the 4H new down swing 618 bearish engulfing candle at ~130.00. Risking 1% for this trade. But the market closed with another bullish candle friday evening.. I am planning to stick to my position
*CORRECTION* not bearish "Engulfing" candle. It is a Dark Cloud Cover
“Every day I assume every position I have is wrong.” - Paul Tudor Jones