EURJPY Thesis
- Weekly: Last week candle closed as a strong shooting star after gapping to the downside signalling that Ej could move alot lower next week.
- Daily: Previous 2 days candles closed as shooting stars signalling bears are in control of the market, also closing below weekly zone. Next target 116.75.
- 1hr: Price broke out of minor ara of consolidation (triangle) below 117.80 & is now retesting level. If level holds we could see a sell off to 116.750.
Order cancelled
Will not be entering this trade anymoreTrade active
Change of heartNote
Exit at 117.550
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.