Jeremiah_Capital

EURJPY- Daily Umbrella Formation

Short
FX:EURJPY   Euro / Yen Japonais
Daily:Umbrella formation
📍Daily: Umbrella formation, best know for same day follow through, bearish bias.
📍4HR:Broke and close below weekly support ,awaiting range breakout to further confirm bearish continuation.
📍1hr: Sell stop place below the breakout levels.

Major Bird Eye View:(Always used as additional conformations)
🦅Daily:Umbrella formation below the EMA and SMA.
🦅 Bearish Ichimoku 4HR/1HR :Tenkan -sen is Pointing Down, Chinkou span=Below price, kijusen pointing down..

Disclaimer🔇
🔖We don't predict the market rather we follow the Footprints it leaves behind.
🔖Risk management doesn't guarantee profitability but capital Reservation.
🔖The Analysis is strictly based on my own views and experience, hence only for educational purpose, and never guarantee your future profits.
🔖I do not decide on your trade decisions. Make sure to follow your own decision when investing your own fund while considering its risks.
🔖 I do not promote or affiliated with any brokers, signals, or robot.

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.