EURJPY - Long trade Idea - and potential for higher move

Hello all

Following EURJPY make great moves in the last 24 hours, I am looking for the pair to head higher
The pair have now retraced to dynamic support which was resistance. (in the down trend on the left picture)

On the right picture I have dropped down to alower time frame to show where I would be looking to enter if it starts to cycle higher and a bullish candle is printed here.

I'm looking to take multiple positions if it does start to cycle higher.

Thanks for looking at my trade idea

Duncanforex.com coming in 9 days.

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Cheers
Duncan

Handel aktiv:

i've just entered at 121.22

Handel aktiv:

Hi all, first trade got stopped out at 1.2105.I have re-etered at 1.2102 this morning on the bullish 1 hour candle.
If it cycles higher I will look to open more trades. Noting thought that the daily candle that close dlast night is incredibly bearish.

Handel aktiv:

HI All - PMI news pushed price higher and now a new high has been achieved.

I have placed buy limit orders around the 121.25 area expecting a slight pull back to previous resistance - which is now support

Trade stängt: målet nått:

hi all - target of 122.15 reached on the 23rd June