欧元/日元
做多

EURJPY: Trend Continuation

81
I've made several key annotations on this chart. There are several things that I like.

The first is the clean daily structure as price is respecting the EMAs and is making clear breaks above the HTLs.

Over on the H1 timeframe, price crossed above the DTL Although it stalled a bit, it did not successfully make any new lows. Overall, selling pressure does not seem to be present.

My entry signal is based on the bullish bar exiting the EMA band, which is a sign that momentum to the upside will likely pick up.

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