Euro / Japanese Yen
Short
Updated

EURJPY Weekly Sell - bullish channel has been broken

156
EURJPY has confirmed a break of its bullish trendline. It is advisable to wait for a retest of the trendline as there is a 4hr pinbar formation beneath it. Additionally, we should look for a lower high wave forming a parallel channel for the entry, check it in the London session.

Click the rocket if you like my idea :)
Note
We still have the GBPJPY run, so we should avoid rushing into the market unless a high probability trade opportunity presents itself, GBPJPY idea below:
GBPJPY Weekly Sell - daily pinbar high rejection

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.