EURJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: EJ is looking newly bearish on the 4hour as we just saw a break of a higher low and price action is currently retesting.
From here we’re looking for strong bearish candles to enter short on.
Trade scenario 2: For us to consider EJ bullish again we ideally want to see a break of 137.000 resistance with a higher low above.
Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: EJ is looking newly bearish on the 4hour as we just saw a break of a higher low and price action is currently retesting.
From here we’re looking for strong bearish candles to enter short on.
Trade scenario 2: For us to consider EJ bullish again we ideally want to see a break of 137.000 resistance with a higher low above.
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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.