cuz of usdjpy has big move down waiting. if that is confirmed. eurusd will go up.
Candle needs to be inside the red area and go down to breach the trend line. if that is confirmed go for short
if breaks the green line (monthly S/R) go for buy with stop loss at the first red line
wait for bearish candle formation to confirm. or retest at the sideways resistance line to enter for short. NOTE! GREEN LINE IS MONTHLY S/R SO IT WILL BE POWERFUL RETEST LINE BE-CAREFUL
it will retest at 61.8 right now its consolidating. cuz no bank is open. when london market opens eur will go up to 61.8 and by NY time the bearish will start. observe the market carefully! strong movement very close under 24 hours~!!!
EP-0.7280 SL-0.7006 TP1-0.7158 (130pip) TP2-0.7218 (190pip) GOODLUCK ALL!
SL- 25 pips above the ep first tp is 75 pips second tp is 150 pips. GOODLUCK!
IF THE flat resistance is broken its possible to go to the downtrend resistance
USDJPY Strong resistance at 114.500 Confirmation on long or short on your own analysis
my short position on eur usd sl 1.179 ep 1.1775 tp 1.169