Euro / Japanese YenShort
16/5/2023 EURJPY Current Price MAPPING
Updated
1) HTF Structure still on bullish mode
2) TF H1 constructing a inducement trap (not complete yet)
3) Im waiting for sell position (148.50) above snr level due to market trap
4) If price drive above without clear inducement structure i do not taking this sell trade
2) TF H1 constructing a inducement trap (not complete yet)
3) Im waiting for sell position (148.50) above snr level due to market trap
4) If price drive above without clear inducement structure i do not taking this sell trade
Note
1) Price has complete inducement structure on 148.1 level 2) waiting for sell position 148.5 level with rejection candle
Trade active
1) Im try to sell off early due to price show sign of weakness2) Sl on same area
Trade active
1) price reject 30 pips below level 2) set SL to breakeven to elimiinate risk from trading
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