ASIA: EURJPY BREAKOUT - MOMENTUM

Updated
EJ bias in higher timeframes is still bullish and here we get a nice consolidation leading to a breakout candle at the start of our shift. Price is aggressively drawing down but unfortunately the trade is already set. The process is being followed correctly and this position meets playbook criteria so the trade must play out. Going for 2R on this one
Trade closed: stop reached
One candle early! in hindsight, correct setup was one candle later using our BOBBI setup. On to the next one..
ASIABObreakoutChart PatternsDouble BottomEJEURJPYTechnical IndicatorsTrend Analysis

Disclaimer