Euro / Japanese Yen
Short

EURJPY POTENTIAL SHORT TERM SELL

804
Hello Everyone!

How are you all?

EurJpy is a pair to watch for this week, because it is shaping up very nicely for a sell reversal that we can capitalize on.

So, I am looking for a sell reversal because of the following reasons:

1. Double Top

2. The price is approached the value area correctively

3. On the LTF, the price is forming a potential Ascending channel.

The drawing explains my entry plan.

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