EURJPY on the short term
SHORT TERM :
EQUAL HIGH WICKS , VERY STRONG DRAW ON LIQUIDITY.
PRICE MIGHT HUNT LIQUIDITY ON TOP TO MOVE TOWARD THE DOWNSIDE TOWARD THE 4H FVG AND TOUCH THE 4H OB MAKING A WICK
(Only entering a short when i see a market structure shift on 1M timeframe)
Could TP half on 162.971 and Close trade on 162.686
EQUAL HIGH WICKS , VERY STRONG DRAW ON LIQUIDITY.
PRICE MIGHT HUNT LIQUIDITY ON TOP TO MOVE TOWARD THE DOWNSIDE TOWARD THE 4H FVG AND TOUCH THE 4H OB MAKING A WICK
(Only entering a short when i see a market structure shift on 1M timeframe)
Could TP half on 162.971 and Close trade on 162.686
Note
EURJPY TP1 HIT. Will be looking for entries to long when price approaches the 4H bullish OB! Will be looking out for a market structure shift with a displacement to the upside , then creating a Buy limit order on the FVG/Breaker block
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