Recent High/Low for EURJPY

٧ مارس ٢٠٢١

EJ has been quite corrective so I will be very cautious with my entries on flag formations. However, I do see a POSSIBLE set up. I am waiting for a HL to be formed and the previous High to be broken within the the RECENT levels I have on the chart. Once that happens, I am good for entry.

However, as stated, EJ is super corrective so I am not committing too hard as anything can happen. All I can do as a trader is analyze and execute.

Goodluck out there.