EURJPY Update | Setup Developing at Resistance (VMS 2.0)EUR/JPYOANDA:EURJPYdarlwrightGood morning, Following up on the EURJPY setup we shared earlier… We initially had a limit order planned, but price did not retrace deep enough to fill the entry. Since then, the market has continued to develop at this level. 🔍 What we are seeing now: Price remains at all-time highs, holding within a well-defined resistance zone A strong bearish engulfing candle has formed at that level Structure continues to show repeated rejection after consolidating here for over a week ⚙️ VMS 2.0 Alignment: Momentum: Daily momentum is strong and pushing down 4H momentum is divergent and moving down Volume: 1H: 88 15M: 92 This shows continued participation as the move begins to develop. 🎯 What’s next: We are watching this setup closely as it continues to evolve. The alignment between structure, momentum, and volume is what we focus on— but we let the market dictate the final outcome. 🧠 Key Insight: Not every setup provides a perfect entry. Sometimes price moves without filling a planned level, and we reassess based on new information. The goal is not to chase price… It’s to stay aligned with the process. The strategy is simple. Mastery takes time. Guidance is optional. This is for educational purposes only. Not financial advice. Always do your own research.