EURJPY INTRADAY setup with Currency Strength and Impulse/Speed
EURJPY 171 PIPS
- FLAT MARKET BREAKOUT with LONDON OPEN
- IMPULSE/SPEED Signal m5 after London open.
- Currency double-GAP with outside Direction and expanding momentum
EUR strong and JPY weak to build the double-GAP: result EURJPY BUY.
- Higher time frames confirm direction one by one to hold into the trade.
- Target was set at H4 resistance, trailed SL to secure the pips.
TP hit at 171 pip
CHART EURJPY H1
CHART EURJPY M15
CHART EURJPY M5
this was entry trigger
CHART EURJPY M1
After end of Asian session m1 started volatility and trend of CS (I did not used m1, but it might be interesting for scalpers to see how efficient the indicators are)