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EUR/JPY Confirmation Entry Trend Continuation Setup – LIVE Trade Analysis

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EUR/JPY Confirmation Entry Trend Continuation Setup – LIVE Trade Analysis


Analysis

This is a basic trend setup where the price is valid 1.st Push-up. I would trade for 2nd push-up. I was most impressed by the daily highs of the 23rd The price was at its lowest level since March. The price didn’t break that mark however.

This is the key to fixing it Manipulation points Price zones are not the same thing. The DTFL bank trading strategy demands an exact level (to within a pip). I chose to choose the most significant level in the above scenario. However, I don’t have a clean break. I would instead use the closest secondary option. 

The 133.78 level was chosen here, just short of the 23.rd.

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