Euro / Japanese YenShort
EURJPY Double Action Scenario
W1 - We have an amazing resistance created by two cycles which coincides around the 129.60 zone
D1 - Potential bearish divergence is forming.
H4 - We can look for corrections as long as last swing low is holding and go long towards the magnet zone which will be our final target.
We will start looking for sells once the magnet zone (129.60) is reached,
Ideal strategies to be applied in this case are sRs Trend Rider 2.0 and Forex Triple B.
D1 - Potential bearish divergence is forming.
H4 - We can look for corrections as long as last swing low is holding and go long towards the magnet zone which will be our final target.
We will start looking for sells once the magnet zone (129.60) is reached,
Ideal strategies to be applied in this case are sRs Trend Rider 2.0 and Forex Triple B.
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