FX:EURJPY Euro Fx/Japanese Yen
Hey, traders, recently we had this large impulse to the upside. Technically, it doesn't mean that an uptrend started, because a trend is at least two impulses separated only by a correction. But before this impulse we had a very good series of LLs and LHs. Actually, to continue the previous downtrend we need the priceaction to go beyond the lower boundary of the up impulse. First, It make take a lot af time. And second, we van face some decent opportinities within the impulse range. Luckily, my trading plan has a set of rules dictating me the way of the trend identification. You can see how it works on the chart. Check the related ideas and press like if you find the information useful.
Trade active: price hit the entry