This week I am looking at shorting the EUR/JPY. I see a good set up but we have to make sure to monitor the price action on the 4hrs before entering a short position.
I drew a descending diagonal trend line, ideally we want to see that trend line holds on the 4hrs before entering a short.
Good Luck
I drew a descending diagonal trend line, ideally we want to see that trend line holds on the 4hrs before entering a short.
Good Luck
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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.