Similar to GBPJPY this trade is on the back of anticipated USDJPY weakness and EURGBP strength.
Looking for the short term high to be wiped for liquidity and then by that time if EURGBP reacts off the Daily breaker to provide shorting opportunities i'll look for shorts in EURJPY.
Lower highs on this pair are telling me it wants to go lower for liquidity.
Only time will tell on this pair and i wont be quick nor eager to get in on this.
Looking for the short term high to be wiped for liquidity and then by that time if EURGBP reacts off the Daily breaker to provide shorting opportunities i'll look for shorts in EURJPY.
Lower highs on this pair are telling me it wants to go lower for liquidity.
Only time will tell on this pair and i wont be quick nor eager to get in on this.
