Get started
Euro / Japanese Yen
Short

SHORT EUR/JPY.

By KNFX_TRADING
SHORT EUR/JPY, ***IF there is a clear rejection around the current area, wich is close to the 50% level of the fibonacci taken on the daily timeframe, it is also on the 126.000 weekly key level (psychological level) and on a daily key level. We can also see that there is a divergence in the market (pink channel and pink line on the RSI), wich indicates a possible move to the downside. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
Chart PatternsDivergenceEURJPYFibonacci RetracementTechnical IndicatorskeylevelshortTrend AnalysisWeekly Charts
KNFX_TRADING

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.