Forex48_TradingAcademy

EURJPY Waiting London or New York to Sell!

Short
FOREXCOM:EURJPY   Euro / Japanese Yen
On EURJPY, we have a bullish setup. I'm looking for a breakout on the H4 chart of a swing high at the level of 159.50. Tomorrow, at the London or New York open, I'll wait for confirmation for a bearish setup, aiming to short the asset until the highlighted gray box between the zone of 158.60 and 158.80. Within this area, there's a crucial demand zone that marks the last bearish H4 candle before the uptrend and structural change in the asset. Let me know your thoughts. Happy trading to all!

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