EURJPY EURJPY This trade idea follows my standard process: fixed 1:5 RRR, with entry, SL, and TP predetermined. The SL is placed at the invalidation point, TP at 5x the risk. I’m sharing this to explain my approach to asymmetric setups, not to advise on taking positions. Results will be posted once the trade ends (+5R or SL hit) to keep my record transparent. Disclaimer: For educational purposes. Not financial advice—use your own judgment.
EURJPY It's down to the wire now. If this 5m candle closes bearish, we would have formed a fractal high, and essentially a LH. Bears will then bring price down to NY low, which incidentally is now a EQL.