EURJPY Trading Idea

1. Jan. 2019

Here we can see that price has been respecting the trendline structure since sept '18 (blue and black arrows). Currently price is heading towards support, more than likely price will bounce as it did in the past. I will be looking for confirmation patterns such as engulfing, morning/evening star and pin bar confirmation. Forex is very risky therefore, proper risk managements is necesarry.