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Euro / Japanese Yen
Short

EURJPY - W pattern

By m_maia14
Updated
Hello guys! EURJPY seems to create a strong impulse downwards, completing to the neckline the W that was formed on the daily timeframe. We can see that the MACD is below 0 and EMAs are crossed, showing us a bearish environment. From here, there is a high probability of reaching the neckline of the daily W, going to at least at 140.8.
EURJPY EURJPY
Trade closed: target reached
EMASEURJPYeurjpyshorteuroHarmonic PatternsimpulseTechnical IndicatorsjpymacdcrossmovingaveragecrossoverTrend Analysiswpattern
m_maia14

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