EURJPY - Sell
Hey!
It has almost two perfect bearish Engulfing patterns in a row and this is pretty unusual:
The last week candle managed to break and close below the 2018 low level and we can assume that the movement may continue in the further week.
Wait for a pullback into the blue box area and it should be ready to make another move from there.
It goes just a little bit against my other analysis - CADJPY - but both have their blue areas in different places, so watch those!!
CADJPY - A bit educational post:
Do not forget to support my idea post by hitting the "LIKE" button!
Thank You!
Have a nice day,
Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
It has almost two perfect bearish Engulfing patterns in a row and this is pretty unusual:
The last week candle managed to break and close below the 2018 low level and we can assume that the movement may continue in the further week.
Wait for a pullback into the blue box area and it should be ready to make another move from there.
It goes just a little bit against my other analysis - CADJPY - but both have their blue areas in different places, so watch those!!
CADJPY - A bit educational post:
Do not forget to support my idea post by hitting the "LIKE" button!
Thank You!
Have a nice day,
Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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