EURJPY 17/08/2022

Monthly:

We have a monthly target (BOC)
We rejected the previous high and the 61,80 fib

Weekly:

Big bullish M
Inv h&s
We are forming a double bottom atm


Daily:

We tapped the previous low (white line) and went impulsively up
inv h&s pattern

4H:

Bullish M

Comment:

Scale in: we haven't reached the BOC and the 4h -27, but we have clear 4h bullish strucuture, which gives me a possibility for another entry

1h: we haven't reached yet the 1h BOC, our entry is also a clear s&d zone