EURJPY MARKET ANALYSIS AND PRICE PREDICTION

٢٠ ديسمبر ٢٠٢٤

EURJPY, has finished consolidation at the Institutional Renegotiation zone, at 79% Discount Price. Decision has been taken in favor of the Bulls, Price has already broken the renegotiation trend line with a shift candle. Another order has taken place already. Price will retrace a bit to mitigate the order block and give the Bulls a perfect entry at 61.6% discount price. First Target is the Renegotiation resistance To sweep the buyside liquidity, and there will be a liquidity run from there to mitigated the unmitigated order block ahead as the second target. I believe this is the move we will see next week.

Entry, Take Profit 1 &2 and Stop Loss are clearly marked on the Chat.

GOOD LUCK GUYS!