#eurjpy
Price has formed a Reversal pattern of rising wedge and it's breakout and bearish divergence can be seen on RSI is well. Price moved in one Direction and hit the horizontal resistance on higher timeframe and created double top pattern is well. This is very important zone if price rejected from this zone we may see good bearish move towards the support zone
Price has formed a Reversal pattern of rising wedge and it's breakout and bearish divergence can be seen on RSI is well. Price moved in one Direction and hit the horizontal resistance on higher timeframe and created double top pattern is well. This is very important zone if price rejected from this zone we may see good bearish move towards the support zone
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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.