Euro / Yen JaponaisShort
EURJPY BEARISH REVERSAL
Mis à jour
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
QUICK UPDATE ON EURJPY.
As we can see price is approaching a strong supply zone, lining up with our falling trendline.
Where we will be looking for new short as a bearish reversal
Meanwhile, for the bears to kick in we need a new swing low to be formed around the trendline then a break as shown in the chart
From a risk management perspective 1-2 risk to reward ratio.
Until that happens, we are bullish, and price can still trade higher till the next rejection zone.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
QUICK UPDATE ON EURJPY.
As we can see price is approaching a strong supply zone, lining up with our falling trendline.
Where we will be looking for new short as a bearish reversal
Meanwhile, for the bears to kick in we need a new swing low to be formed around the trendline then a break as shown in the chart
From a risk management perspective 1-2 risk to reward ratio.
Until that happens, we are bullish, and price can still trade higher till the next rejection zone.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Note
Telegram channel: t.me/Snipers_F_x
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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