EURJPY 15-5 minute idea
The price has recently broken out of an uptrend by rising above its previous highs and reversing the structure. I see a shift in sentiment since pricing took liquidity away from prior customers resting liquidity. The imbalance shows that the volume left price behind and gives the idea added confluence. In order to maintain the downward trend, I anticipate that the price will revert to its extreme premium pricing.
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