Analysis of EURJPY on H4 (04/08/2020)

Updated
EURJPY-H4

Waiting for the break of the trendline (resistance) to take a buy position (most likely given the underlying trend as well as the MM at 50 which is below the market).

On the other hand, a bearish trend if the trendline (support) is broken.
Note
TP1 HIT
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