Euro / Japanese YenShort
15 min EUR JPY
15 min EUR JPY
Overall bias is still bearish
Price had broken the 1 HR support before moving sideways inside a rising wedge. Price has broken out of support of the wedge creating another LH. Price may have a pullback when they retest the 138 area with a history of bullish OB. The pullback may be a temporary move due to wick rejections inside the wedge and the LHs from a few hours ago.
Overall bias is still bearish
Price had broken the 1 HR support before moving sideways inside a rising wedge. Price has broken out of support of the wedge creating another LH. Price may have a pullback when they retest the 138 area with a history of bullish OB. The pullback may be a temporary move due to wick rejections inside the wedge and the LHs from a few hours ago.
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