EURJPY Long Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bullish
Trade scenario 1: The 4hour is clearly bullish while the daily is pending confirmation! We are a bit overextend but all we need to enter is a higher low above 130.000 for structure confirmation.
Trade scenario 2: For us to consider EJ bearish we would first need a break back below 130.000 with a lower high below.
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bullish
Trade scenario 1: The 4hour is clearly bullish while the daily is pending confirmation! We are a bit overextend but all we need to enter is a higher low above 130.000 for structure confirmation.
Trade scenario 2: For us to consider EJ bearish we would first need a break back below 130.000 with a lower high below.