EURJPY OVER-BOUGHT ZONE

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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EURJPY OVER-BOUGHT ZONE. 📚

👉As we can see price is still overall bullish trading inside this channel, making clean higher highs and higher lows.

👉Meanwhile, price recently broke above our previous major highs, to be trading again higher extending our impulse more! , Then price is approaching our upper bound of this channel acting as an over-bought zone.


Where we will be looking for new bearish correction movement, And as per my trading plan i will be zooming into lower time frame to get my confirmation, until that price is still bullish. 📚


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!