EURJPY- BREAK AND RETEST POSSIBLE LONG OPPORTUNITY

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Hello traders!

Here are my thoughts on EUR/JPY.

As we can see on the weekly chart below, price is in nice and healthy uptrend, creating HH's and HL's while also staying above 50 MA.

On the daily, we can see a nice break of structure. After that, a retracement from resistance occurred. This is a great trade for break and re-test traders like myself. Please, wait till price closes above resistance and wait for confirmation of re-test level!

📈📉Trends:
⏳ Weekly- Bullish
⌛️ Daily- Bullish


🟣 Purple zone - Weekly key level
🔵 Blue zone - Daily key level

Trade will be taken only if all conditions were met.

Don’t forget to let me know your opinion on this in the comment section below! 💬 Sharing is caring! 👨‍👩‍👧‍👦

Have a wonderful and profitable day! ❤️

- ProfitalzTrading