eurjpy 2 possible scenarios (4h tf)

By yos22
when price broke 142.688 and the 0.618 fibo level + the moving average he go all the way up to 145.622 and then he bounce back to the same level of 0.618 support level and go up again so this is a powerful zone if price go down and broke it again he will continue to the down side and same for the level 145.622 if price broke this level we can clearly know that the price will go more to the upside we can wait a retest for both entry for me those are the best entries for both buy and sell
EURJPYTrend Analysis

Disclaimer