The Eur/Jpy has a lot of potentials. The movement of price is dope. There is a lot of both buy-side and sell-side liquidity that needs to be taken out from the market by the banks and institutional traders. So we hope to see this pair fall to at least the level I expected. When trading this, one needs to note what to do whether to take full profits or take it in partials till it hit tp.
After the break-in market structure from the upside to the down, there is now a retracement to the RTO level which will be retested before flooding to the downside. But what is more important here is for you to identify how the price action moves based on the setups.
After the break-in market structure from the upside to the down, there is now a retracement to the RTO level which will be retested before flooding to the downside. But what is more important here is for you to identify how the price action moves based on the setups.