Hi Guys, Just an update on our EURJPY trade using our trend continuation strategy !
EURJPY Retested our 200EMA and price action was formed perfectly creating the potential from further downside, we currently remain short from 131.19 and have moved our stop loss to BE + Spread, with our take profit, still targeting the previous swing lows - When it reaches we will look to top slice / crystalise some of the profits, and llet the balance run to capture further profits / exploit the EURO Weakness and JPY safe-haven strength !!
EURJPY Retested our 200EMA and price action was formed perfectly creating the potential from further downside, we currently remain short from 131.19 and have moved our stop loss to BE + Spread, with our take profit, still targeting the previous swing lows - When it reaches we will look to top slice / crystalise some of the profits, and llet the balance run to capture further profits / exploit the EURO Weakness and JPY safe-haven strength !!