I really like this set up on the EURJPY right now we have a couple ways to play it. 1. We can Wait for a break of the trend line for a conservative approach, or in my case I am going to wait for this recent gap to fill and then take some longs from there. The gap will be filled just below the 116 area and my initial target will be the S&D zone which also coincides with long term descending trend line. Ill probably close my trades at the trend line and then wait for a break, im sure there will be a fair amount of congestion in this zone.
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Yawn, this is taking forever, I will stay in the trade until it works out or is stopped. Just one of those trades you have to be patient with.