DariusFxTrading

EURJPY long and short Setup - Supply Demand - How?

FOREXCOM:EURJPY   Euro / Japanese Yen
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Monthly:
Super bullish. Still in the impulsive move to the upside

Weekly:
Bullish environment

Daily:
Is currently in an impulsive move to the upside. What I do expect is soon or later a Correction to the downside. Afterwards the bullish continuation

Lower Timeframes:
Here on the h4 we can spot a Support / Resistance Level. Watch it. What I do expect is that the price will Fake it Out. So that should not your entry from my point of view. But it can be your entry if the market will give you a nice Price Action Confirmation. So watch that whole area for a long opportunity.

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