mngFX

EURJPY, Clean price action.

Long
OANDA:EURJPY   Euro / Japanese Yen
Hello Traders,

Looking on the HTF we can see that the price is approaching the lower boundary of bullish continuation structure which has already made multiple swing highs and swing lows. On the LTF, price is correctively moving within a developing descending channel. I will only be interested in taking this trade if we get a reversal impulse followed by a LTF continuation correction to show bullish momentum.

Trade Safe
Thanks.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.