EURJPY looks like it could be in an excellent position to make one more big move to the downside before reversing on the larger time frame. 🤔
Sit and wait for this market to move higher first before entering for another downside move. Where there are trapped buyers at the top will be a perfect place to sell.
Watch for strength on the way back down breaking through your chosen Moving Average. 😏
It is not a time to buy when there are so many great opportunities for sellers. Keep an eye on the price bouncing off 117.337.
Sit and wait for this market to move higher first before entering for another downside move. Where there are trapped buyers at the top will be a perfect place to sell.
Watch for strength on the way back down breaking through your chosen Moving Average. 😏
It is not a time to buy when there are so many great opportunities for sellers. Keep an eye on the price bouncing off 117.337.
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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.
👨🏾🏫 Don't forget our website and Discord
ioniccapital.co.uk
discord.gg/6YfC2wxZ
ioniccapital.co.uk
discord.gg/6YfC2wxZ
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.