EURJPY bias is still to the upside
In my past analysis we entered at the wrong time but now in 4h this looks crisp and ready to fly high. Its late in the day but in 4h we have a railroad formation that stopped many people out, and as you can see in my TDI it respected liquidity (yellow line).
Here are my confirmations:
- railroad formation on 4h
- respected liquid 50 (yellow line in TDI)
- divergence in rsi (green line in TDI)
- micro and macro cycles are both on level 3 chop
Here are my confirmations:
- railroad formation on 4h
- respected liquid 50 (yellow line in TDI)
- divergence in rsi (green line in TDI)
- micro and macro cycles are both on level 3 chop
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