Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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EUR/JPY What's next!?
As we can see price is still around our previous major highs, where the price failed to break above to form a new higher high again,
Then we will be looking for new bearish movement as a correction movement as we did before!
Meanwhile from a shorter-term perspective, price is still bullish, and price formed a new swing low, then for the bears to kick in we need a momentum candle close below our swing low then a movement lower would be expected.
And as usual, (1-2) Risk to Reward Ratio from a risk management perspective.
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and as usual follow your trading plan and manage your risk.