Hi traders, in this analysis I'm looking for EURJPY sell opportunities.
The pair has broken market structure and made a running flat ABC correction to H4 supply zone which seems to be holding.
EURCHF is trading withing a weekly Gap demand zone and approaching the market threshold (MTH).
Two scenarios can happen, Price could react on the MTH of the weekly Demand zone to retest the Daily DBD Supply zone which has a Quasimodo.
Two entries are possible for a buy,
1. Buy at the MTH or,
2. Buy stop at the break of the H4 trendline