EURJPY:🟢Another bullish move...🟢(Details on caption)

By VahidTradingCR
Updated

Well, by examining the 1-hour EURJPY chart we can figure out the price has the potential to rise after collecting the sell-side liquidity.

In this case, we can define the bullish FVG which is below the sell-side liquidity, also this FVG aligns with the 50% previous upward leg and we have a lot of buy-side liquidity that can defined as targets.

All in all, we can expect the price to move lower to collect the sell side liquidity then hit the FVG, and then we will look for an LTF confirmation.


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🗓️01/03/2024
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Comment
As you can see the price hit the FVG and had a bullish reaction.

More than 56 Pips so far.
Trade closed: target reached
TP reached.

More than 68 Pips.

Cheers 🥂
Trade closed: target reached
All TP reached

Result: More than 110 Pips

Cheers 🥂
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