The EURJPY price is going down last few days and getting close to the previous structure low at 132.14, which acts as a support level. The price bounced back at that support few times and it is more likely will do again. Moreover, there is a potential Gartley pattern setup; this increases the probability of this setup to go long.
T1 – 38.2%
T2 – 61.8%
T1 – 38.2%
T2 – 61.8%