EURJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: Big bearish volume on EJ, looking to head lower early in the week so look to enter short on lower highs below 131.300. Look to target lower toward 130.000.
Trade scenario 2: For us to consider EJ bullish we would need to see a higher low above 131.300 with strong bullish setups to confirm.
Weekly Trend: Bearish
Daily Trend: Bullish
4hour Trend: Bearish
Trade scenario 1: Big bearish volume on EJ, looking to head lower early in the week so look to enter short on lower highs below 131.300. Look to target lower toward 130.000.
Trade scenario 2: For us to consider EJ bullish we would need to see a higher low above 131.300 with strong bullish setups to confirm.