Just as I thought, EURJPY found support at a level with some confluence with this trendline and it took off! This win netted about 60 pips. I took off the whole position, only a .01 size lot, in-between two identified zones.

My stop was about 22 pips below, giving me about a 1:2.8 Risk to reward ratio.

The Next Trade

Today I’ve watched price fall back into my buy area which is the great box near this trendline. Hopefully, we will see price get closer to the trendline and show rejection out of this zone and the trendline and then it’s go time again!

Winning Pips