MeltzCarlos

EURJPY bias is still to the upside

FX:EURJPY   歐元 / 日圓
In my past analysis we entered at the wrong time but now in 4h this looks crisp and ready to fly high. Its late in the day but in 4h we have a railroad formation that stopped many people out, and as you can see in my TDI it respected liquidity (yellow line).

Here are my confirmations:
- railroad formation on 4h
- respected liquid 50 (yellow line in TDI)
- divergence in rsi (green line in TDI)
- micro and macro cycles are both on level 3 chop

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