Eur/jpy Buy setup 230 Pips
We are seeing aggressive buying power as market structure is still maintaining to upside
==> Daily timeframe price action is above the EMA's and we see wonderful rejection in the area of liquidity as support zone
==> Price is now bounding between to upper and lower limit of the accumulation zone, now come confirmation of buy after a fakeout at the bottom for a continuation to upside
==> Nice risk to reward but keep an eye on the upper bound limit for rejection that can invalidate the setup
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==> Daily timeframe price action is above the EMA's and we see wonderful rejection in the area of liquidity as support zone
==> Price is now bounding between to upper and lower limit of the accumulation zone, now come confirmation of buy after a fakeout at the bottom for a continuation to upside
==> Nice risk to reward but keep an eye on the upper bound limit for rejection that can invalidate the setup
Follow me for more breakdown
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