EURJPY: Two Trading Options

This is an illustration of the two potential trading scenarios that may present themselves in this region.

Option 1

Price fails here after wiping two previous high liquidity points and comes back to mitigate buyers before rising again.

Option 2

Price pushes higher to regain liquidity from some long term sellers before continuing bearish down to the structural region.

What option are you going for?
Chart PatternsEURJPYeurjpyanalysiseurjpyforecasteurjpylongeurjpyshorteurjpysignaleurjpytradeTechnical IndicatorsTrend Analysis

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