EURJPY: Potential Long Trade From Key Level 🇪🇺🇯🇵

20 янв. 2022 г.

EURJPY is testing a strong confluence zone:
we see a perfect match between a horizontal structure support & 382 retracement of the last bearish impulse.

To buy with a confirmation watch a double bottom formation on 4H time frame.
129.9 - 130.0 is its neckline.
Wait for a 4H candle close above that as your trigger to buy.

Your first goal will be 130.7 level.

If the price sets a new lower low on 4H, the setup will be invalid.

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