The EURJPY has been in consolidation over the past few months and is currently trading at a level resting between previous structure lows & previous structure highs. Because we are not in a confirmed trend, I have no reason to set myself for a buying or selling opportunity at this level. The levels that I do have on my radar are the highs and lows of our structure consolidation & at each of those levels we happen to have the projected "D" completion point of a potential advanced pattern formation.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.