Blackwood_fx

EURJPY Break Out & Re-Test on the 4H...Good Time To Get In!!!

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FX:EURJPY   歐元 / 日圓
Fairly plain to see here if you follow my style at all. I love to trade breakouts.They are a high probability pattern, and being that human psycology drives all markets we knw that the pattern will continue to repeat itself. All we have to do is find them...

On the 4H price action has broken out from a wedge and has come back down to re-test. As soon as I see a move to the upside I am going long. There is an established trend line around the 125 mark so ill be watching closely once we are there.

Only risk 2%!!
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