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tradesbychris

EUR/JPY - 30 MIN - WAITING FOR BREAKOUT

Euro / Japanese Yen (OANDA:EURJPY)  
tradesbychris Updated   
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis Support and Resistance Multiple Time Frame Analysis support keylevels riskreward priceaction
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trendanalysis supportandresistance mtfa support keylevels riskreward priceaction
EJ has been consolidating for a few hours.

Waiting for the BREAKOUT in either direction.

R:R could be 3:1 if the breakout is BUY biased or 2:1 for SELL bias.

Blue lines are levels of Support & Resistance from the 4 Hour time frame.

If HOURLY candle closes above the zone then I will BUY & if it closes below the zone then I will SELL.
Comment:
If HOURLY candle closes above the zone then I will BUY & if it closes below the zone then I will SELL.
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