EURJPY has had a big move to the upside and has ran straight into resistance in the form of a 4H OB. This OB has held and price ahs now rejected.
On the lower timeframe you can see that structure has been broken to the downside which should hpefully indicate that there is selling pressure to support a move down further through the recent FVG.
Entry is based on the 30m OB which resulted in the BOS to the downside.
On the lower timeframe you can see that structure has been broken to the downside which should hpefully indicate that there is selling pressure to support a move down further through the recent FVG.
Entry is based on the 30m OB which resulted in the BOS to the downside.