EURJPY - SHORT IDEA
Hello everyone I Hope you're all doing great!
EURJPY - SHORT (ANALYSIS)
WEEKLY
-Price is still very much Bearish on the High Time frames especially on the Weekly as were still trending to the downside with a series of LL and LHs and a clear continuation pattern (Bearish W)
DAILY
price has previously formed a Head and Shoulder pattern which is also followed by a continuation bearish W and a Clear Descending Trendline holding price
4H
- Price has formed a Bullish M pattern for a fib completion to the -27 aligned with the Daily Suppy and Demand Zone (whiteBox)
Disclaimer:
*this is for educational purposes only, not financial advice!
EURJPY - SHORT (ANALYSIS)
WEEKLY
-Price is still very much Bearish on the High Time frames especially on the Weekly as were still trending to the downside with a series of LL and LHs and a clear continuation pattern (Bearish W)
DAILY
price has previously formed a Head and Shoulder pattern which is also followed by a continuation bearish W and a Clear Descending Trendline holding price
4H
- Price has formed a Bullish M pattern for a fib completion to the -27 aligned with the Daily Suppy and Demand Zone (whiteBox)
Disclaimer:
*this is for educational purposes only, not financial advice!
Note
updated Chart in New Idea!
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.