EURJPY – Live Trade in Profit, Large Corrective Structure In Play | Oct 12

My current active open trades: ​USDCHF, EURUSD, XAGUSD, EURJPY, AUDUSD (option), $Sber

EURJPY – Aggressive Long Trade on ST RRL In Profit (4hr chart)
In line with my bullish view as stated in our weekly price action commentary, I decided to take an aggressive long on the ST RRL around 114. Currently that trade is in profit about +85 pips at the moment which you can see below.

eurjpy live price action trade 2ndskiesfore

I’m expecting a move up towards the top of the large corrective structure resistance near 116.19 where I’ll look to take profit. A rejection here puts 114 back into focus while a daily close above 116.30 opens up a much larger move towards 118.

eurjpy price action 2ndskiesforex

 

 

Want More? My private members get all my trade ideas & market commentary up to 3x per week. Click here to become a member.

Verified Profitable Trader

Hi, I'm Chris Capre, Founder of 2ndSkiesForex. I've turned $3,000 into $83,000 in my first 6 months of trading. I'm a verified profitable trader and trading mentor. I help traders of all levels change the way they think, trade and perform. As a professional trader, I specialize in trading price action and the Ichimoku cloud. As a trading mentor, I have one goal: to change the way you think, trade and perform using 18yrs of trading experience and cutting edge neuroscience to wire your brain for successful trading. Want to improve your trading edge and mindset? Check out my trading courses here.

Related Article