EURJPY BUY
EURJPY-The 4-hour structure has broken, and the price is currently sitting at the 4-hour low. A double bottom has formed on the 15-minute timeframe, and a break of the neckline could signal continuation. I will trail my stop loss as higher lows develop.
Trade closed manually
A double top formed on the 15-minute chart and broke the neckline. My stop was set below, and I got stopped out in profit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.