[Intraday Trade] EURJPY to upside
Updated
Entered a EURJPY trade after the break and retest of Key Level / Bearish Structure. Unfortunately a little late.
As my strategy says to enter, I took the trade regardless.
I can see EUR strengthening although DXY is slowly recovering, while JPY is weakening.
Expecting a continuation to the top of the channel around my TP3. Depends alot on what DXY is going to do as it is slowly gaining strength again.
As my strategy says to enter, I took the trade regardless.
I can see EUR strengthening although DXY is slowly recovering, while JPY is weakening.
Expecting a continuation to the top of the channel around my TP3. Depends alot on what DXY is going to do as it is slowly gaining strength again.
Trade active
Trade closed: stop reached
Trade stopped at with that DXY pump. Unfortunately, my indicator was setup incorrectly and I misread the signal. It is not a surprise that this trade stopped out, but its clearly my mistake that could have been avoided.
With the current market conditions its unlikely I enter a trade again but lets see what NY open brings.
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