EURJPY - This is called a Wyckoff Spring

The Story:
We are coming down hitting a major support level with a fast down move (speed index at 7.3 nothing like that on the down moves)
High PVR on the touch of Support = Buyers
High Speed Index 53.7S on the next down move = hard to move down = more buyers
Double signal Wyckoff Spring (WS) and Plutus Reversal Long (PRL) and up we go!

Enjoy!
Learn to read and trade any market!

Trade closed: target reached:

First target reached at Fib area.
Second order at BE