EURJPY Reversal price action for the sell
Hi traders:
EURJPY is shaping up to be a good reversal sell from the top.
We see a higher time frame double tops, and price has correct itself up within an ascending channel.
Latest price showed us a LTF push down, and potentially forming a continuation correction to go lower.
I would wait for a clean small LTF continuation correction to develop and complete before looking for a stop entry order to the previous lows as a first potential target.
Thank you
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.