EURJPY 73 PIPS TRADE BREAKDOWN (3rd April 2024)

EURJPY Trade Breakdown

Price broke through the 1 hour bearish orderblock during London. This resulted in a creation of a 1 hour Market structure shift to the upside.

So once price retested, the 15 minute orderblock and broke its own higher high on the 15 minutes timeframe, I entered a long and place stop loss at the 1 hour orderblock low targeting a 164.200 For a 1 : 3.66 Risk to Reward Ratio.

During New York Session, Price action finally provided the volume to push All the way up into the 1 hour Orderblock, Smashing Full TP.