EURJPY,🟢Bullish scenarios🟢

As you can see, the price created equal highs defined as our final target.

There are two possible scenarios.

Personally, I prefer to see the price move lower once again, and after collecting the sell side liquidity get support from the mean threshold of the order block and the midway of the bullish daily FVG, then we can look for the LTF for entry. It's a high-probability scenario.

The second scenario is a low probability, which is the price moves higher from here and leaves the sell side liquidity untouched.



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🗓️25/03/2024
🔎 DYOR

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Comment:

The price collected the first buy-side liquidity.

TP1 reached.

More than 45 Pips so far.

Trade closed: target reached:

The price hit the bearish FVG and had a bearish reaction.

Result: more than 60 Pips so far.

I hope you use this TA.

Cheers 🥂