Euro / Japanese YenShort
EURJPY, Double Top Bearish Price action
EURJPY has been shaping up for a big sell opportunity as we can see price was rising within an ascending channel which impulsively broke downward forming a bearish correction. Double tops have been confirmed indicating more downside is possible.
As we see many different target levels that price could test, it may take weeks for this sell to make its way all down.
Take your profits as the market gives you, ensure proper risk management and exit criteria is implemented.
Thanks
Trade Safe
As we see many different target levels that price could test, it may take weeks for this sell to make its way all down.
Take your profits as the market gives you, ensure proper risk management and exit criteria is implemented.
Thanks
Trade Safe
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.