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EJ

EURJPY 💶/💴The Daily candle just closed at 147.58. This price was our previous Daily Level. Price is still technically in a range between this price and 146.71. After spiking up to previous Monthly High at 148.4, we rejected those extreme prices and came flying back down into the current range right now. Price may continue bearish from here and we can call it a Fakeout as price failed to stay above 147.58 Daily level initially. Returned back into the range, tocuhed bottom of range, now price is coming back up for a last retest before returning back to the bottom of the range at 146.71.
Short
by ShrewdCatfx
EURJPY - AS EXPECTED, WAIT FOR THE SHIFT!Last week I shared my reasonings for the likely continuation on EURJPY, as we can see from the chart, we have now entered a major supply area of which I will be looking to go short after a market structure shift on the lower timeframes. (15m/5m) There will be lots of fake moves/manipulations in this area due to it being a major zone. So remain patient, be vigilant and enter shorts ONLY when confident the environment is changing. I will post further updates as necessary, good luck! Best wishes, Jake
Long
by jmw2000
2
EURJPY - Wanted a Scalp Before PMIOANDA:EURJPY Friday! Normal it means slow chop (after London session, into NY) after a weeks of news, but today, we have PMI coming up and wanted to steal TP at 10 hard pips. Another reason why 10 pips TP, because I wanted to get out before PMI news release, price action forming a triple bottom, and 10 pips right around the 3rd bottom. So thats my reason, and I'm sticking to it... This one was an easy one, well, nothing is easy, but easy in a sense that I just went in the direction of the trend. Trade well
Short
by makerup