EUR/JPY: 4-hour
Entry: Buy at 117.00, 116.00, 115.00
Exit: Stop below 114.50, aim for 120.00
Trade Rationale: Really just trying to hop on overall trend. Multiple entry points, hoping that I can compound and ride this all the way back up.
are you placing all the entries immediately? or after it goes below 115???
My FxPro chart is showing a pin bar that’s not evident on your chart. Personally I’d be a seller if the current bar (on my chart) closes below the low of the pinbar with a target of 100 pips.
my 4h chart looks similar to yours
selling??? eur is too abnormal to be selling right now
on eur pairs are nearly all showing bearish divergences on oscillators but it’s only moving in range bound
when bearish divergences gets thrown in your face and it’s not even budging…it tells you something, it’s trying to say that this EUR is not going to fall anytime soon, but gaining momentum for the next move