EURJPY ANALYSIS 15 - 19 FEB

ANALYSIS
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DAILY TF: BULLISH MOMENTUM IS PRESENT
4HR TF: BREAK OF RECENT HIGHER HIGH
1HR: RECENT HIGHER HIGH BROKEN


PLAN OF ACTION
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- WAIT FOR RETRACEMENT/ CORRECTION PHASE ON THE 1HR TF TO COMPLETE BEFORE TAKING BUYS
- IF OPPORTUNITY PRESENTS ITSELF, WE CAN TAKE THE ANTI-TREND SELLS TRADES



ENTRY REASON
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- BREAK OF CORRECTION PHASE

STOP LOSS @ TO BE DETERMINED AFTER CORRECTION

TAKE PROFIT @ NEXT ZONE

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