🔸Hello guys, let's review eurjpy 8 hour chart today. Strong bull market in progress, short-term
expecting pullback to print another lower high sequence at/near 143.50/60. Based on the prior
impulses, final TP for the bulls is near 157.50, so this could be a great setup on buy side.
🔸Strong sequence of higher lows in progress and all pullback/dips get bought up. Bulls
maintain control but short-term pullback to re-test and print another higher low at 145.50-60
based on prior impulses and measured move price projection bulls may target 157.50.
🔸Recommended strategy bulls: wait for the pullback to complete near 143.50-60 area and
be ready to buy/hold, conservative TP1 +200 pips TP2 +400 pips, final TP is 157.50, keep in
mind that this is buy/hold swing trade setup and it may take time to hit targets. good luck!
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