Euro / Japanese YenShort
EURJPY..... SHORT POSITION
EURJPY---- Final decision( Short)
The pair on the weekly time frame is bearish
Daily also bearish
H4 appears bearish with the retest to high
On the H1 and M15 it formed a descending channel with a wick handle stick to price 118.595
On Monday we will wait for the price action to zone 118.595 after the price broke the descending channel, then look for a sell opportunity.
The possible v/s probable psychology..
Tell us what you think of the pair.
The pair on the weekly time frame is bearish
Daily also bearish
H4 appears bearish with the retest to high
On the H1 and M15 it formed a descending channel with a wick handle stick to price 118.595
On Monday we will wait for the price action to zone 118.595 after the price broke the descending channel, then look for a sell opportunity.
The possible v/s probable psychology..
Tell us what you think of the pair.
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.