EURJPY Another Sell Setups

Actualizado

Hi traders:

Looking at EURJPY here for a potential continuation bearish price action.

We can see after the impulse phase from the top, price correct into an expanding structure.

Within a few swing highs and lows, double tops, combining with a rising wedge reversal, giving me a bearish price action confirmation.

Now that price has broken down from the wedge, watch for lower time frame bearish continuation correction for possible entries down the the recent lows.

thank you
Nota
imagen
Nota
Out for +2.8% profit, will monitor the price in next few days for possible re-entry.
imagen
Nota
imagen
Chart PatternscorrectionexpandingFlagimpulseParallel ChannelpatternpriceactionstructureWedge

También en:

Publicaciones relacionadas

Exención de responsabilidad