Euro / Japanese YenShort
EUR/JPY Monthly Bearish Divergence Swing Trade
For all of my fellow swing traders.
EUR/JPY has a bearish divergence on the monthly time frame with a lower high in price and a higher high on RSI.
It also has a bearish divergence on the weekly time frame and the daily time frame.
I'm not sure the exact time it will reverse but the next few weeks I would be looking for huge bearish reversal patterns for this pair and to enter after that. You don't want to enter prematurely so let's wait for confirmation!
EUR/JPY has a bearish divergence on the monthly time frame with a lower high in price and a higher high on RSI.
It also has a bearish divergence on the weekly time frame and the daily time frame.
I'm not sure the exact time it will reverse but the next few weeks I would be looking for huge bearish reversal patterns for this pair and to enter after that. You don't want to enter prematurely so let's wait for confirmation!
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