EUR/JPY with the next PUMP!
Hey tradomaniacs,
EUR/JPY broke out of its consolidation as expected and could give us a great opportunity to buy the retest 👉
After creating a typical flat-type-correction (W-X-Y-X-Z) within the 4-th-Wave we could see another wave upwards in order to complete the last 5th Impulse-Wave.
A retest of the previous consolidation will be important to see whether this is a fake-out or not.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
EUR/JPY broke out of its consolidation as expected and could give us a great opportunity to buy the retest 👉
After creating a typical flat-type-correction (W-X-Y-X-Z) within the 4-th-Wave we could see another wave upwards in order to complete the last 5th Impulse-Wave.
A retest of the previous consolidation will be important to see whether this is a fake-out or not.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Note
EUR/JPY: Daytrade-ExecutionMarket-Buy: 126,680
Stop-Loss: 126,340
Point-Of-Riskreduction: 127,015
Take-Profit: 127,345
Stop-Loss: 34 pips
Risk: 0,5% - 1%
Risk-Reward: 2,0
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