traderaldrich

EURJPY SHOT TERM DIRECTIONAL BIAS.

Long
traderaldrich Updated   
It may mitigate the 8h order block (gray zone above) manipulating the obvious resistance before going short. entry was based on the 1 minute timeframe confirmation.
Comment:
It has already reached the 8H order block. I'll just wait for distribution schematic on the lower timeframe and bos on the downside before having to conclude it will be going short. If it wont show any signs of weakness, I'll still have a long bias and target the weekly order blocks above.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.