EURJPY further downside is expected
hi everyone:
EURJPY has the similar bearish price action like more of the other JPY pairs.
Price had the clear bearish impulse down from the Head and Shoulder pattern, and begin to form this ascending channel like structure.
Latest LTF price action showed an impulse push down, out of the channel structure, could be a indication that we are going to be in the next impulsive phrase of the HTF market condition.
Look to see if price can complete this correction here, and look for small correction to get in the sell.
Thank you
Thank you
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