EURJPY looking for buys
Updated
price is @ support level and higher low has formed on 4h.
momentum is currently slow because we need enough buyers to confirm the move.
stop loss is below the support line because it has proved impossible to break several times.
tp1 @ 61.8 fib lvl and tp2 @ lvl 1 of fib extension
momentum is currently slow because we need enough buyers to confirm the move.
stop loss is below the support line because it has proved impossible to break several times.
tp1 @ 61.8 fib lvl and tp2 @ lvl 1 of fib extension
Trade active
Price still in accumulation stage we still maintaining our buy bias as price is still making HH and HL on 4H timeframe
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