Euro / Japanese YenShort
EUR/JPY Trade Idea
Hello and welcome to my Trade Idea of the currency pair EUR/JPY.
Lets start with the Top Down Analysis.
Monthly: Monthly is in a strong downtrend.
Weekly: The weekly timeframe is in a downtrend too.
Daily: We recognize on the daily timeframe a pullback to the upside.
H4: We draw on the h4 timeframe the counter trendline and wait for a confirmed breakout.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: Monthly is in a strong downtrend.
Weekly: The weekly timeframe is in a downtrend too.
Daily: We recognize on the daily timeframe a pullback to the upside.
H4: We draw on the h4 timeframe the counter trendline and wait for a confirmed breakout.
Have a nice day.
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