Hello my beauties.
It seems to me that EUR/JPY is in a phase of redistribution.
The arrows indicate a rough idea of what I think the price action will provide us with, and they are not to be taken as an accurate forecast of what I think will happen.
Remember I'm not suggesting you should take a position, but verify the idea and monitor price in the indicated areas.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
It seems to me that EUR/JPY is in a phase of redistribution.
The arrows indicate a rough idea of what I think the price action will provide us with, and they are not to be taken as an accurate forecast of what I think will happen.
Remember I'm not suggesting you should take a position, but verify the idea and monitor price in the indicated areas.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
