Good morning traders, today I'm looking at the EUR/JPY pair on the 4 hour chart.
We've analysed a nice bearish structure trade with 2 targets.
The targets come in at the 127% extension with inverting the previous leg of the move.
The main point to take away from this is, both 127% come in at previous structure and
validate a nice PRZ (potential reversal zone) where our targets will come into.
Please note, I'm not telling you what to trade, but offering potential trades that are on
my radar. Plan your trade and trade your plan.
Star Prosper
Philip Stewart
We've analysed a nice bearish structure trade with 2 targets.
The targets come in at the 127% extension with inverting the previous leg of the move.
The main point to take away from this is, both 127% come in at previous structure and
validate a nice PRZ (potential reversal zone) where our targets will come into.
Please note, I'm not telling you what to trade, but offering potential trades that are on
my radar. Plan your trade and trade your plan.
Star Prosper
Philip Stewart