EURJPY Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Current price action is consolidating just below 129.000 and it looks like it is going to continue lower.
Look for a quick break and retest of this area of consolidation before considering sell opportunities.
Trade scenario 2: If we see a break above 129.000 we need to confirm a higher low before considering buy opportunities.
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Current price action is consolidating just below 129.000 and it looks like it is going to continue lower.
Look for a quick break and retest of this area of consolidation before considering sell opportunities.
Trade scenario 2: If we see a break above 129.000 we need to confirm a higher low before considering buy opportunities.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.