EURJPY Short Idea
Overall we have been very bullish on this pair and are looking to continue with this trend.
We recently saw a bullish break of a symmetrical triangle and are expecting a pullback.
Look for long opportunities around the yellow zone between the 61.8% fib level and recent broken structure. (The blue trade path)
For us to consider short opportunities we want to see a break of higher timeframe structure around 122.750 with a confirmed lower high.
Overall we have been very bullish on this pair and are looking to continue with this trend.
We recently saw a bullish break of a symmetrical triangle and are expecting a pullback.
Look for long opportunities around the yellow zone between the 61.8% fib level and recent broken structure. (The blue trade path)
For us to consider short opportunities we want to see a break of higher timeframe structure around 122.750 with a confirmed lower high.