Akil_Stokes

EURJPY- 4 Hour Analysis

FX:EURJPY   Euro / Japanese Yen
Yesterday we were looking at the EURJPY             & preparing ourselves for a potential Advanced Pattern completion down at the 120.30's level. That opportunity still exist, but EUR strength on the open has also created another potential trading opportunity the short side.

As price action approaches a level of previous structure support now turned potential resistance, well look to see if price will hold around the 121.50's area. If so & we receive a reversal signal we can then look to hop on a short opportunity in advance of the potential pattern completion.

Akil Stokes
"Plan Your Trade, Trade Your Plan"

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