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EURJPY Bearish Price Action, Watch For Sell
Euro / Japanese Yen
Short
EURJPY Bearish Price Action, Watch For Sell
By jojofang0901
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Updated
Mar 16, 2023
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Mar 16, 2023
Here on EURJPY mid time frame, we can see the price has clearly impulse out of the MTF corrective structure.
With a strong bearish impulse phase, we know price will need to correct in order to continue lower.
In the last 2 days price has slowly been consolidating in the latest development, good sign for further downside if correction completes.
Wait for lower time frame bearish price action to confirm more downside potential.
Mar 16, 2023
Comment
Higher Time Frame H and S:
Bearish Patterns
Chart Patterns
EUR
Flag
jpy
Parallel Channel
pattern
priceaction
structure
jojofang0901
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