ddreamz

EUR/JPY On the top of the range once again

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ddreamz Обновлено   
FX:EURJPY   Евро / Японская иена
Good morning,

Thoughts on EUR/JPY

This pair has been moving inside a range for a long time as you can see from the chart.
It reaches the upper line for 5th time. However, there are no signs to short this yet.
The current bullish move is pretty strong, so I want to make sure I can see something before I hit it.
Be careful with the long targets since we will be shorting this against the flow.
I will be stalking this zone for a potential short opportunities.

Good luck!
Комментарий:
GBP news in 35mins. No trades until then.
Комментарий:
Comment above should be in the other trade ( mistake ).

Still waiting to see a confirmation.
Комментарий:
Reacts. However, I am not in this trade yet. I want to see another attempt to push higher. Otherwise, I will let it go.
Комментарий:
Looks good. I've got the confirmation now but the risk reward ratio is not decent. If anyone sold above the range make sure you keep an eye on the target zone since it was the last breached area and the very botm of the range.
Комментарий:
Reaching target zone and botm of the range. Let's see if we are going to buy again or not.
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