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EURJPY Sell Idea After Trend Line Breakout
Euro / Japanese Yen
Short
EURJPY Sell Idea After Trend Line Breakout
By VladimirRibakov
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Updated
Nov 5, 2020
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Oct 14, 2020
D1 - Potential double wave down.
Price still has room lower towards the 61.8%(122.479) Fibonacci expansion level of the first wave.
Currently, there are no signs of trend change.
H4 - Bearish trend pattern followed by double wave correction.
Bearish divergence, most recent uptrend line breakout.
Expecting further continuation lower in the short term.
Nov 5, 2020
Comment
The bearish move that I was looking for happened as expected after deeper pullbacks!
Bearish Patterns
bearishdivergence
bearishtrendpattern
doublewave
EURJPY
Fibonacci
SELL
Trend Analysis
Trend Lines
Trend Line Break
VladimirRibakov
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