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talhashaheen

eurjpy

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
talhashaheen  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Technical Indicators Chart Patterns EURJPY
9
0
trendanalysis indicator chartpattern eurjpy
EURJPY on the 4h chart after my previous analysis dropped to the 138 level as expected.
The market retraced then at the 0.5 Fibonacci level and is now trading above the 0.382.

How can i approach this scenario?

I will wait for the EU market open and if the price will break below i will look for a nice short order according to the Plancton's strategy rules.
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