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EUR/JPY Confirmation Entry Trend Continuation Setup – LIVE Trade Analysis

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EUR/JPY Confirmation Entry Trend Continuation Setup – LIVE Trade Analysis


Analyse

This is a basic fashion setup in which the price is a valid 1st Push-up. I would trade for 2nd push-up. I was most impressed by the daily highs of the 23rd As of March. The price didn’t break that mark however.

You must understand this to fix it. Points of manipulation Price zones are not the same thing. The DTFL bank trading strategy demands an exact level (to within a pip). I choose to take the highest level in the above scenario. However, I don’t have a clear break so I will use the nearest secondary option. 

This level is just below the daily highs at the 23.78 level.rd.

Setup