FX:EURJPY   Euro / Japanese Yen
Following the present strength of the Japanese Yen (JPY), we expect some little push down and clear the internal liquidity, and then the retrace to clear the the highs and take more others from the order block and then drop massively to the 3rd wave and then more down to complete the 5th wave, we expect our take profit for the drop to be around the min threshold of the bullish order block, and depends on what the market gives, we expect to see a bullish movement from the minthreshold of the bullish ob, because we see our last bearish liquidity at the bullish ob, so after the sell stop (liquidity) is cleared, we expect the buyers to set in

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.