EURJPY - Looking For Long Positions.
Price has formed a double bottom structure on the weekly timeframe . The closing candle on June 5th is a bullish engulfing candle showing potential momentum to the upside. I will monitor price action and scale onto the 4H & Daily timeframes to look for a corrective structure prior to taking a long position.
Price has formed a double bottom structure on the weekly timeframe . The closing candle on June 5th is a bullish engulfing candle showing potential momentum to the upside. I will monitor price action and scale onto the 4H & Daily timeframes to look for a corrective structure prior to taking a long position.