EUR/JPY is falling towards a breakout level and could potentially break through this level to drop lower.
Sell entry is at 155.796 which is a pullback support.
Stop loss is at 156.40 which is a level that aligns with the 50.0% Fibonacci retracement level and sits above the recent pullback.
Take profit is at 154.341 which is a swing-low level.
High Risk...
so I wrote in the morning, SellZone-E became the Resistance again.
I was hoping motion of exceeding , but Buyer don't have strong power yet.
Breakin SellZone-E would be probably trigger.
unless key point (upside or downsaide) is broken , I don't take trade today.
Because, I do not know.