Euro / Japanese YenShort
EURJPY, bearish trade setting up.
EJ has been in a long term buy. Price recently created a double top which could be one of our first signs that price is setting up for a trend change. If this happens we can see price either create a triple top OR breakout of the trend line and begin selling. Drop to a lower time frame for a better entry.
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.