Waiting for the EURJPY to break the range

Written by Raul Lopez on . Posted in Trades & Analysis.

The EURJPY is trading in a short term range around a LT important level:

EURJPY
EURJPY

You know that when the market is trading at an important level, we need to wait before looking for trade opportunities (we are market followers,instead of magicians).

Once the EURJPY breaks the range on either side, I will look for trade opportunities in the direction of the breakout.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

EURJPY Analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
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