EURJPY Forms Inside Bar After Impulsive Move | Mar 31

eurjpy

NOTE: We’ll be doing our next private member webinar this Friday at 9am EST where we’ll be discussing some of the live trade setups I’m in along with some of the other strategies and methods from this course. (Will announce registration details early this week).

EURJPY – Forms Inside Bar After Impulsive Move (4hr chart)
For the last few days, the EURJPY has been in a corrective pullback phase which we’ve been talking about wanting to sell. Today the pair sold off with the EURUSD, dropping 160 pips from the high to lows today, forming another impulsive leg down, ending with an inside bar towards the lows.

I’ve been short since last week as you can see from the chart …

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