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EURJPY
Price has been very bullish since the open of this current month.
Price is extremely overbought and a pullback is bound to happen anytime soon if Priceline crosses below bloodline in a daily timeframe.
Looking at the 4Hour chart we can see a possible OHLC structure forming with Priceline ready crossing below the bloodline indicating bears are gaining control.
Remember it’s still the first week of this trading month and we have NFP a few days away..
EURJPY
trade with caution.. possible structure in Hour timeframe OHLC .. look for sells after the close of current candle .
Overall yearly structure is OLHC.. price is currently within the open hence we experiencing this monthly possible reversal structure .. Patience
EURJPY
Price has been very bullish since the open of this current month.
Price is extremely overbought and a pullback is bound to happen anytime soon if Priceline crosses below bloodline in a daily timeframe.
Looking at the 4Hour chart we can see a possible OHLC structure forming with Priceline ready crossing below the bloodline indicating bears are gaining control.
Remember it’s still the first week of this trading month and we have NFP a few days away..
EURJPY
trade with caution.. possible structure in Hour timeframe OHLC .. look for sells after the close of current candle . Overall yearly structure is OLHC.. price is currently within the open hence we experiencing this monthly possible reversal structure .. Patience