cooney_s

EurJpy Continues to Drop

Short
FX:EURJPY   Euro / Yen Japonais
Please see chart notations. This is a continuation of a previously published chart. Pitchforks are drawn on trend changes marked with The Larks LMA indicator. The last LMA trend change marked allowed for the upward pitchfork to be drawn. Current price is still within the green bullish price action box but will continue to sell off and slide to the 137.45 price level due to a large gap which needs to be filled. Once this gap is filled we will have an opportunity to see who takes control of the pair, the bulls or bears. I see the 136.40 handle as the final line in the sand. If the bears take control, the bearish target of 133.20 handle will most certainly be considered a high probability.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.