Price has broken below the sliding parallel, of the downsloping median line, having acted as strong support previously. For the upcoming week, we should watch for a pullback back to the parallel which most likely is going to act as resistance this time. Any sell setup completion at the parallel will be a very nice sell opportunity. A nice level to aim is the sliding parallel at around 1.11900. From there we may watch for price action before buying the market.
Overall I wait for EURJPY to be bullish, but taking short trades in both directions, when everything is set up is absolutely fine.
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Price reached the sliding parallel and we may start watching for a sell setup completion
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Price reached the expected level. For those who entered with a sell setup at the resistance, it's time to exit the trade.
Just watched the video of the live session. Congratulations on the website!!!!!! Thank you for reaching out to help traders. You are kind at heart, that is apparent. Most would not be willing to do what you are doing without charging people. I wish you continued success, as a follower of yours for over a year now, I know how well you do with your setups. Hopefully people are grateful for what you are doing to help them, and take it seriously.
Thank you again,
Scott
Fxprotrader
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@Heelfan23, What a comment..! Thank you so much for your kind words.. I truly believe that we will build a great community in my trading room. Don't forget that everything begins from Tradingview which allows us to connect with traders around the world.. Take care, and see you in the next session :)
Thank you again,
Scott