Hello and good morning traders.
It's a beautiful Monday morning to trade and let's
get right into it.
I'm looking at the EUR/JPY 1 hour pair here and we can
see 2 potential pattern trades here. I've analysed the stops
and targets for both patterns and have got TP1 in place.
Over all EURO is quite bearish, but there is always a possibility
during chinese hour that EUR can rally. Therefore I have only
TP1 in place.
Also please be aware of london opening also. Looking for EURO
bearish momentum to continue on USA opening.
Please trade at your own risk.
Star Prosper
Philip Stewart