EURJPY | Hunting for Liquidity
EURJPY looks like it could be in an excellent position to make one more big move to the downside before reversing on the larger time frame. 🤔
Sit and wait for this market to move higher first before entering for another downside move. Where there are trapped buyers at the top will be a perfect place to sell.
Watch for strength on the way back down breaking through your chosen Moving Average. 😏
It is not a time to buy when there are so many great opportunities for sellers. Keep an eye on the price bouncing off 117.337.
Sit and wait for this market to move higher first before entering for another downside move. Where there are trapped buyers at the top will be a perfect place to sell.
Watch for strength on the way back down breaking through your chosen Moving Average. 😏
It is not a time to buy when there are so many great opportunities for sellers. Keep an eye on the price bouncing off 117.337.
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