EURJPY 1 hr Short
EURJPY broke structure. The bias is bearish which presents a short term shorting opportunity. The Impulse leg broke structure at 141.258. Price is currently making a complex pull back to the bearish order block. Will monitor price above 142.000 for break of structure on lower time frames.
There equal highs/double top which present an opportunity for a liquidity grab (buy side liquidity). Anticipating price to drop to below 140.700 for corresponding sell side liquidity.
There equal highs/double top which present an opportunity for a liquidity grab (buy side liquidity). Anticipating price to drop to below 140.700 for corresponding sell side liquidity.
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.