EURJPY H4 Buy: Upward trend forming but await bullish action

2020-01-24 01:28:39

EURJPY H4 Buy:
> Ascending trendline forming.
> Fundamental news caused bearish pressure however price closed on the trendline and within the structure.
> Wait for signs of bullish price action before entering.
> Stoploss placed below the previous low and wick.


Trade Idea:
> Enter: 120.900
> Stop Loss: 120.500
> Take Profit: 122.500

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