EURJPY continuation
Updated
As you can see, we had two possible scenarios on EurJpy, either for a price to follow the trend - a continuation or break of the low and possible shift in direction of the market which can happen any time as a price is trading very high (recorded in previous video) Price made a nice and weak recovery - pull to the downside on the market open in asian seson - towards our marked buy zone. From there it just pushed back up and with high being taken out we can see that as first market objective completed. Curently we are in an up trend so we will still be monitoring price once it taps buy zone and look for buys or if we get a break of the previous low - look for sells - if. I do not trade that pair a lot so if I don't like it I will stay away.
Trade closed: target reached
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