EURJPY Quick Buy Move
Aggiornato
Price is at a monthly level 116.315 and looks ready to reverse currenty still on a downtrend but the previous candles show long wicks and a loss of momentum as they get closer to the bottom of this SR area. This will be taken as a DRC so in order to enter long, price will need to break the trend line and retest of monthly SR area 116.315. Price could reverse back down and continue its downtrend but we have approached the swing low with no recent pullbacks of this area. Before Entries I will jump down to the smaller timeframe to confirm bullish momentum. Keep it Simple Stupid
Nota
New to tradingview so I accidetally made some ideas private. I will updating some of them and making them public throughout the week so be on the lookout for new pair and other market updates
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