FX:EURJPY   Euro Fx/Japanese Yen
96 5 8
NORMALLY I WOULD SAY,
HEY WHAT A GOOD PLACE TO ENTER SHORT. BUT WITH ALL USD AND JPY PAIRS BREAKING THROUGH KEY LEVELS, IT IS HARD TO SAY WHAT EURJPY             WILL DO WITH THIS KEY LEVEL.
KEEP A LOOKOUT.
EVEN IF CONFIRMATION TO SELL IS FORMED, IT IS NOT SAFE TO ENTER SELL..
THIS IDEA IS PURELY A KEEP A LOOKOUT IDEA.
Fighting this bull is dangerous...I'd take the long side honestly.

Have you seen EURNZD?

Buy the dip applies here...a potentially very strong uptrend has started:

snapshot
Reply
PriceActionTrading IvanLabrie
2 years ago
Yes definitely fighting the bulls is illogical.
Reply
moneymaking
2 years ago
Hey price action, I agree with you on the USD breaking all key levels. It's been pretty chaotic in the market, especially last week.
Reply
PriceActionTrading moneymaking
2 years ago
Yes indeed. Hence i have posted very few ideas. Good luck if you are in the market.
+1 Reply
moneymaking PriceActionTrading
2 years ago
Ya, I saw your ideas. They provide real good opportunities but I am at my maximum number of trades that I can take, with the capital that I have in my account. So I am just not take anymore trades, just waiting for FOMC now :)
Reply
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