Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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EURJPY OVER-BOUGHT ZONE. 📚
👉As we can see price is still overall bullish trading inside this channel, making clean higher highs and higher lows.
👉Meanwhile, price recently broke above our previous major highs, to be trading again higher extending our impulse more! , Then price is approaching our upper bound of this channel acting as an over-bought zone.
Where we will be looking for new bearish correction movement, And as per my trading plan i will be zooming into lower time frame to get my confirmation, until that price is still bullish. 📚
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and as usual follow your trading plan and manage your risk.
Be patient and good luck!