EURJPY - LONG
Updated
On the higher time frame we identify a bullish flag pattern. Zooming in to the structure we form a bearish descending reversal pattern towards breaking its previous higher time frame low and approaching a double bottom on the 4hr.
Entry to be taken upon first 4hr bullish retirement as confirmation.
Entry to be taken upon first 4hr bullish retirement as confirmation.
Trade active
Bearish descending channel on lower time frame formed - entry on third touch!Trade closed: target reached
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