Hi All, I wanted to share another potential opportunity we have setting up here on EURJPY
1. Min Stop Level Marked in RED
2. ENTRY green - standard 88.6% - 135.790 order placed just below entry to ensure we get filled
3. Target Levels - T1 and T2 - Standard 38.2% and 61.8% - to get targets set them just above these levels.
4. I have drawn XYZ for you to see the 61.8% retrace from these points lines up with our 88.6%
Enjoy and happy trading
Lets see if we break past the B leg which should be a sign to continue upwards.
1. Min Stop Level Marked in RED
2. ENTRY green - standard 88.6% - 135.790 order placed just below entry to ensure we get filled
3. Target Levels - T1 and T2 - Standard 38.2% and 61.8% - to get targets set them just above these levels.
4. I have drawn XYZ for you to see the 61.8% retrace from these points lines up with our 88.6%
Enjoy and happy trading
Lets see if we break past the B leg which should be a sign to continue upwards.
