A bearish divergence is observed in EURJPY currency pair in an hourly timeframe. There is a possibility that the current uptrend might reverse into a downtrend. If the last HL is broken forming a new LH, then taking a short position will be a good point.
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.
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.