TheSignalyst

EURJPY waiting for the buy setup to form

Long
FX:EURJPY   Euro / Japanese Yen
on DAILY: EURJPY is still sitting around a support and demand area in blue so we are still looking for objective buy setups on lower timeframes.

on M30: EURJPY is forming a channel in orange but it is not valid yet so we are waiting for a new swing to form around our upper orange trendline to consider it objective and then enter on its break upward.

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