I am looking for a sell setup around the Highlighted area.
Confirmations:
Structure (H4-M15 Bearish)
Liquidity Run (M5 Timeframe)
Brake of Previous Structure
.886 Fib Level Confluence
EJ has been ranging for the longest time and after recently creating a high at 127.080 that high has been retested and respected. Followed by a strong bearish candle on the Daily time frame.
To confirm the bias I would like to see:
price break past and possibly see a close candle under 125.690 then;
retracement back up (no higher than 126.500) for a smart...
Looking for a sell on Eurjpy on the last but before the sell which took liquidty (Equal highs). The order block is in the premium price level. Targeting once again clean equal lows. Similar to my EU set up.
