I have done some analysis on the Eur/Jpy pair, looking at this I think that the price action will head down towards the support zone at 122.3880 it will test this zone and then head back up towards the trend line.
Once the price action has hit the trend Here is where I will be looking to enter the trade as a long term sell. An entry point at around 123.2465, SL @ 123.6023 and then a TP @ 122.1350.
Let's see what happens with this one
Once the price action has hit the trend Here is where I will be looking to enter the trade as a long term sell. An entry point at around 123.2465, SL @ 123.6023 and then a TP @ 122.1350.
Let's see what happens with this one