EURJPY: Watchlist
Updated
After the trendline breakout, this one seems ready to go north.
(1) The first alternative is to wait for the breakout of the H4 resistance zone (114.24-114.19). If it happens, I'll wait for a pullback to the zone to look for reasons to buy.
(2) Another way to play this is to wait for a retracement to the H4 support zone (113.29-113.24). There is an important divergence so it's a plausible scenario.
(1) The first alternative is to wait for the breakout of the H4 resistance zone (114.24-114.19). If it happens, I'll wait for a pullback to the zone to look for reasons to buy.
(2) Another way to play this is to wait for a retracement to the H4 support zone (113.29-113.24). There is an important divergence so it's a plausible scenario.
Trade active
My resistance zona has been broken and it retraced back enough to get inTrade closed manually
This is going really well but it has stopped, to the pip, in my next H4 resistance zone. I'm closing it.
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