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EURJPY SELL
Euro / Japanese Yen
Short
EURJPY SELL
By KairosTrades
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Sep 7, 2022
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Sep 7, 2022
CONFIRMATIONS
- Price moved very heavy to the upside without any real major economic moves, I believe this happened for a major sell of for tomorrow.
- Waiting for price to hit my fibonacci retracement to enter for a sell.
- Big news coming out tomorrow. Main refinancing rate, monetary policy statement, and ECB press conference.
- Price might not go as low as i'm expecting on my fib because I do think it is an uptrend but were are about to have a major correction.
- Waiting for moving average to go under price.
- Waiting for candlestick confirmations (shooting star, inverse hammer, double tops, and lastly a doji to confirm pattern reversal.
- Price is completely overbought on my RSI indicator, which is a good sign price will fall.
Chart Patterns
Fibonacci Retracement
Technical Indicators
moving
rsi_divergence
Trend Analysis
KairosTrades
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