EURJPY Broke below structure, look for continuation sell setups
Updated
Hi everyone:
EURJPY is looking very good for continuation sell.
Price ha been pushing up correctively in this ascending type of channel structure, and hitting the HTF double tops area.
We see the price consolidated around this area and form this expanding type of correctional structure.
Latest price action shows a head and shoulder pattern, and a confirmed breakdown from that structure.
I would wait for a LTF correction to develop here, and look for the next push down to the lows.
Thank you
EURJPY is looking very good for continuation sell.
Price ha been pushing up correctively in this ascending type of channel structure, and hitting the HTF double tops area.
We see the price consolidated around this area and form this expanding type of correctional structure.
Latest price action shows a head and shoulder pattern, and a confirmed breakdown from that structure.
I would wait for a LTF correction to develop here, and look for the next push down to the lows.
Thank you
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