EURJPY - Wanted a Scalp Before PMI

EURJPY

Friday!
Normal it means slow chop (after London session, into NY) after a weeks of news, but today, we have PMI coming up and wanted to steal TP at 10 hard pips.

Another reason why 10 pips TP, because I wanted to get out before PMI news release, price action forming a triple bottom, and 10 pips right around the 3rd bottom.

So thats my reason, and I'm sticking to it...

This one was an easy one, well, nothing is easy, but easy in a sense that I just went in the direction of the trend.

Trade well

Kommentar:

That triple bottom, worked out and got out in time, not a clean triple bottom or inverted head and shoulders, but gave me a reason to get out.