EURJPY is approaching a red dotted line that is a cumulative Point of Control from the previous week extending to this Wednesday.
Not only that this move is rather slow and correction-like-looking. The accumulation in this area is very recent and hasn’t been visited before. Furthermore, it can be spotted without Volume Profile, the naked eye would identify this range too with ease.
I am fairly convinced it is a good long opportunity. I put preset take profit at the end of High Volume Node.
CryptocurrenciesCrypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
CurrenciesEUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF
StocksApple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
IndicesSP 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
FuturesGold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BondsUS 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y