Hello Everyone!
How are you all?
EurJpy is a pair to watch for in the coming days, because it is shaping up very nicely for a sell reversal that we can capitalize on.
So, I am looking for a sell reversal because of the following reasons:
1. Potential Double Top
2. The price is approaching the value area correctively
The more confluence factors will be to see the price take out 159.767 level and impulsively close back in into the level.
Then, the entry trigger will be to see a sell impulse followed by a 15m/H1 correction with 2 highs and lows.
Note: Questions are welcomed.
How are you all?
EurJpy is a pair to watch for in the coming days, because it is shaping up very nicely for a sell reversal that we can capitalize on.
So, I am looking for a sell reversal because of the following reasons:
1. Potential Double Top
2. The price is approaching the value area correctively
The more confluence factors will be to see the price take out 159.767 level and impulsively close back in into the level.
Then, the entry trigger will be to see a sell impulse followed by a 15m/H1 correction with 2 highs and lows.
Note: Questions are welcomed.
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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.
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.