Following my Head & Shoulders Pattern idea, Market pushed below and closed below the neck line last week so we can expect further downward movement in this pair.
The question is "How can we get involved?"
Well we can see that market is putting in a retracement and if we can get up into the kill zone I have drawn out between 171.36 and 171.12, we will be paying close attention and filtering down to find an entry reason.
Aggressive traders will have more than a 1:1 risk reward just entering at this level if stops are to go above the previous swing high.
I have included a short video on our London Live Room analysis from the EURJPY pair here youtu.be/K0TdRS7NZ8Y
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