EURJPY
Looking for the channel to be either broken or respected. I have my eye on some potential turning points. Will have to let price action decide. May be a few days before an actual reversal occurs. If channel is broken I will remain bullish.
Nice rejection off of structure. I'm waiting for a break below the previous consolidation zone for a potential short entry. This should gives us an engulfing candlestick on the 4 hr chart with a lower high. Disclaimer: I do not know what I am talking about. Trade your plan not mine.