Hello traders, I believe there is a high probability of forming a false breakout in EUR/JPY m15. If price breaks below the horizontal level (blue line) and forms a swing low during the time cycle zone (two vertical lines) I expect that price moves upwards and that breakout becomes false breakout. So I’m looking for a long position in the time cycle zone. Good luck P.S. Note that this analysis is my opinion and might be wrong. It is not a trading advice.



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