EUR/JPY Bullish Ichimoku Trade Idea

This pair has been riding in the cloud for a while before finally getting a kumo breakout. This combined with the bullish TK cross we just had, as well as the kumo twist back to bullish, lead me to believe this pair could be headed up. I am targeting the previous high as my TP at 134.23 and setting my stop at the TK cross. If our bullish confirmation signs change, or chikou span fails to break above price, then this trade will be invalidated.
Chart PatternsEURJPYeurjpybullisheurjpylongforexsignalsichimokuchartichimokuforexichimokukinkohyoTechnical Indicatorsthe808traderTrend Analysis

Also on:

Disclaimer