EURJPY could be the trade of 2018! This multi-year bat pattern is almost completed. I am looking to sell this market once it pop another 200 pips higher to complete the pattern down to the support and continue selling this market throughout the year.
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I will start to look for any sort of bearish signal appear in this area and short this bad boy!
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Starting to look for sell signal!
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Entered the market at the 4H new down swing 618 bearish engulfing candle at ~130.00. Risking 1% for this trade. But the market closed with another bullish candle friday evening.. I am planning to stick to my position
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*CORRECTION* not bearish "Engulfing" candle. It is a Dark Cloud Cover
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