EURJPY closed in a Supply Zone whilst breaking a weak zone on its journey up.
From here there will be a reaction but where is it going? I cannot predict, no one can, but we can react.
The pair is still very much bearish based off this timeframe, you can see it dropped down in to a Demand Zone which was created way back and the reaction was clear to see.
Since then its been pushing up, it punched through a minor supply zone with very little reaction, but now its arrived at a place where I would expect to see a bigger reaction.
Monday will give a clearer idea of the pairs intentions and I will be down on the lower Timeframes taking the trades based off what the chart is telling me
From here there will be a reaction but where is it going? I cannot predict, no one can, but we can react.
The pair is still very much bearish based off this timeframe, you can see it dropped down in to a Demand Zone which was created way back and the reaction was clear to see.
Since then its been pushing up, it punched through a minor supply zone with very little reaction, but now its arrived at a place where I would expect to see a bigger reaction.
Monday will give a clearer idea of the pairs intentions and I will be down on the lower Timeframes taking the trades based off what the chart is telling me
Anmerkung
EJ failed to break in to a bullish movement and the pair dropped to the 4hr Demand we had marked out. 
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.