Finally a possible clear entry for the bulls.

eurjpy has rallied for the last two days. giving us a clear indication the bulls showing strength. this rally has created a demand zone on our daily timeframe after removing a previous supply and consolidating away one the lower timeframe after forming two daily bullish extended range from the base of our zone. lets see if we can get the retrace needed to activate our longs

EURJPY

Trade closed: stop reached:

the bulls did not hold. this trade failed. the bears came in strong