- Analysis of #EURJPY
here we have the market adhering to a resistance level after a strong impulsive move to the upside, normally I will take this setup as the flag and trade the buy side, but since we are a resistance level I can't take it as it might fail.
>> So, the first scenarios to wait for a break to the upside and chance to enter buy if provided a reason to enter
>>The second scenario is to wait for a break to the downside and chance to enter this setup sell targeting the support zone.
>>the is one more scenario, which is to trade the range, it is risky though, as you know ranges breaks
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Check today analysis below⠀
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-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
