EURJPY – Watching Resistance for Potential Setup | VMS 2.0

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EURJPY – Watching Resistance for Potential Setup | VMS 2.0EUR/JPYOANDA:EURJPYdarlwrightEURJPY is approaching a strong resistance level where we recently took profit from a previous move. Price is now back at that level, and we are watching closely for signs of rejection. At this stage, we are not in a trade — we are preparing. Here’s what we need to see for a valid VMS 2.0 setup: 4H Structure Clear rejection at resistance (shooting star, engulfing, or similar pattern) 4H Momentum Divergence with a confirmed hook in our favor Daily Momentum Supporting direction, or at minimum not against the trade Volume Confirmation Strong participation across 4H, 1H, and 15M If all of these align, we then: Use the position tool to define stop loss and profit target Decide on execution (limit or market order depending on price location) Until then… we wait. Patience is the key to success.