Looking on the daily Chart on EURJPY. After a triple top, its reaching for more downside. Opened a short position on early Asia Session at the beginning of the week, with +100 Pips at the moment. Im waiting for the trend / trend line to break before strong moves to the downside are possible. Also divergence is formed, which means that buyers / bulls are weakening. Want more ? Check out the Link:
Trade active
EURJPY active with +150 Pips. Looking for more downside on the daily chart. But we have to be careful when we see a reversal pattern on 4H chart at the black trend line..
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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.