Signal closed at -35 Pips

Countertrend – Bullish EURJPY – 4HR

POSITION: Long
TRIGGER: 131.30
TIME STOP: 6/28/2021
SYMBOL: 131.95
TARGET: 131.95
ENTRY: 131.10
TIMEFRAME: 4 Hour
PRICE STOP: 130.75
RESULTS: -35 Pips
Signal Instructions

This huge sell off after FOMC, continuing into the next day, has created lots of opportunities. I'm buying in the selling on the EURJPY. It has found support and the price cycles are extremely overextended.

Trigger: 131.30

Entry: 131.10

Stop: 130.75 (35 pips)

Target: 131:95 (85 pips)

Update: Did not get the bounce, got stopped out. We'll probably try again next week if it's looking like the selling has stopped.