EUR/JPY Trade Idea

Hello and welcome to my Trade Idea of the currency pair EUR/JPY.

Lets start with the Top Down Analysis.


Monthly: Monthly is in a strong downtrend.

Weekly: The weekly timeframe is in a downtrend too.

Daily: We recognize on the daily timeframe a pullback to the upside.

H4: We draw on the h4 timeframe the counter trendline and wait for a confirmed breakout.


Have a nice day.