EURJPY 2H Short

10 ene 2022

Hi guys! If you take a look at my previous idea on AUDUSD, we caught the same chart pattern as that one. As you can see, there is a super clean bullish trend with multiple touches on the top & bottoms which is making higher highs, higher lows. But the lower trend has broken also the chart made a new lower high (might be the reversal). We do not open a short position immediately. We got to wait for an even smaller bearish pattern like shown in the picture. Stoploss should be calculated by the time you open a short position because the smaller bearish chart pattern is not complete yet.