Please kindly checkout my previous post on EURJPY for more info ( SAME ANALYSIS AND CONFLUENCES)
EURJPY is at at the third touch of a trendline which is also a major zone and a psychological level . It has given as a reversal triangle pattern like most of all the JPY pairs( AUDJPY, NZDJPY, EURJPY etc)
There's DIVERGENCE, End of the wave, and price is at a major support zone.
Waiting for the retest at that zoon before going short Please comment what you think about my analysis.
There divergence on GJ, an order block, chart pattern breakout and it is at a major support zoon.
This market has been ranging for sometimes now and I'm going short at the retest of that flag pattern
There is a divergence on GU and a Bearish flag pattern touch the main trend and also the a strong order block.
Bearish continuation There is a valid order block upon touching the resistance of that bearish flag