EURJPY – Breakout Retest Trade | TCB Strategy Execution
📍 Pair: EURJPY
🕒 Timeframe: 4H
📅 Date: July 13, 2025
📈 Strategy: TCBFlow (Trend → Countertrend → Breakout)
🔹 Market Context:
EURJPY is maintaining bullish structure within a rising trend channel. After a corrective dip, price has reclaimed structure above 171.550–171.640 and broken above resistance with momentum.
This move creates a potential retest buy opportunity, targeting the 174.00 region as part of a breakout continuation.
✅ TCB Breakdown:
Trend: Clear bullish channel holding
Countertrend: Short pullback into structure demand
Breakout: Price broke above minor resistance (171.640–172.338)
🎯 Trade Idea:
Buy Zone: 171.640–171.552 (retest of breakout)
SL: Below 171.20
TP Target: 174.000 zone (measured move + expansion target)
📊 Checklist Score: 90–95%
✅ Clean trend structure
✅ Valid countertrend breakout
✅ Momentum break with potential NY retest
📍 Pair: EURJPY
🕒 Timeframe: 4H
📅 Date: July 13, 2025
📈 Strategy: TCBFlow (Trend → Countertrend → Breakout)
🔹 Market Context:
EURJPY is maintaining bullish structure within a rising trend channel. After a corrective dip, price has reclaimed structure above 171.550–171.640 and broken above resistance with momentum.
This move creates a potential retest buy opportunity, targeting the 174.00 region as part of a breakout continuation.
✅ TCB Breakdown:
Trend: Clear bullish channel holding
Countertrend: Short pullback into structure demand
Breakout: Price broke above minor resistance (171.640–172.338)
🎯 Trade Idea:
Buy Zone: 171.640–171.552 (retest of breakout)
SL: Below 171.20
TP Target: 174.000 zone (measured move + expansion target)
📊 Checklist Score: 90–95%
✅ Clean trend structure
✅ Valid countertrend breakout
✅ Momentum break with potential NY retest
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.