Sell Opportunity on EURJPY
On EurJpy, price has been in an overall bearish retracement for quite some time now. Unless the buyers prove that they are taking over, my bias will continue to be bearish for the time being.
We could notice that price has fully retraced back to a Daily Significant Horizontal Level and bearish pressure is identified. If we could get a strong bearish H4 candle closure away from this level, I'll be looking to place sell orders.
We could notice that price has fully retraced back to a Daily Significant Horizontal Level and bearish pressure is identified. If we could get a strong bearish H4 candle closure away from this level, I'll be looking to place sell orders.
Related publications
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.