Euro / Japanese YenShort
EURJPY_4th Week of May 2021
Multi Time Frame analysis to provide more confluence and confirmation to the trading plan
Market is still consolidating on higher TF and making falling wedge pattern
Price may reach to major support trendline on Daily TF
Possibly to Short at retest zone (H4),
Possibly to Short at Resistant trendline (H1)
Market is still consolidating on higher TF and making falling wedge pattern
Price may reach to major support trendline on Daily TF
Possibly to Short at retest zone (H4),
Possibly to Short at Resistant trendline (H1)
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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.