EURJPY setting up for possible 200pips breakout!!

I'm lookig for a possible breakout here! We saw price doing a sort of double bottom on 116.60 zone and could gain some strenght to go up to maybe 118.00! On the other hand we could see the bears keeping control of this pair and pushing it even lower, to around 116.35 support zone. In highr timeframes we can see its an important mark where price reacted. keeping an eye on this one next week!

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Kommentar:

SL on first entry long, -25pips

second buy entry from support 116.35, running +40pips

Kommentar:

full closed at +70pips