thecurrencysniper

EURJPY DAILY TIMEFRAME SHORTS

Short
FX:EURJPY   Euro / Yen Japonais
Since breaking market structure, price is has been looking bearish. In addition to this trend shift, price has also created a bearish channel. With a third hit of the channel resistance and a doji daily close (indecision, reversal candle, slowing down candle). I do think price will move lower and possibly come down to 132.52 as my first downside target then 132.35. An ABCD pattern is also taking shape.
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.