EURJPY broke a 1 month+ old bullish trendline and support level, can be sold. On the H4 last hour closed with a Bearish Outside Reversal Bar pattern, indicating break of the 131.6 support. Support also is on the .5 fibonacci level, I'll be targeting the .5 fib level for TP. MACD and RSI indicating overbought, also crossing VWAP downward on the H1.
Note
Note
Closeup of Bearish Outside Vertical Bar on the H4Trade active
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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.