EURJPY - AS EXPECTED, WAIT FOR THE SHIFT!

24 Nis 2023

Last week I shared my reasonings for the likely continuation on EURJPY, as we can see from the chart, we have now entered a major supply area of which I will be looking to go short after a market structure shift on the lower timeframes. (15m/5m)

There will be lots of fake moves/manipulations in this area due to it being a major zone. So remain patient, be vigilant and enter shorts ONLY when confident the environment is changing.

I will post further updates as necessary, good luck!

Best wishes,
Jake

24 Nis 2023

Not

Supply area has been violated on the daily!

See my idea below for an intraday short - (HIGH RIDK)

Best wishes,
Jake