EURJPY: Your Trading Plan 🇪🇺🇯🇵

19 בספט׳ 2022

EURJPY is coiling around a key daily structure support.
Analyzing the reaction of the price to that structure, I spotted a horizontal range on a 4H time frame.

The market remains very weak and indecisive on 4H and trades in sideways.
To buy with a confirmation, wait for a bullish breakout of its neckline (you need a 4H candle close above that to confirm the breakout).
Then buy aggressively or on a retest.

Goals will be 144.93 / 145.4

If the price breaks the green support, the setup will be invalid.

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