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EURJPY - Swing Sells ⬇️
Euro / Japanese Yen
Short
EURJPY - Swing Sells ⬇️
By AlkalineFX
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Updated
Jun 4, 2022
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May 31, 2022
Price aggressively pushed away from the key round psychological number of 140 and created a head and shoulders formation.
The majority of traders who missed the breakout will have attempted a sell at the EQH's - they have now been liquidated.
The only liquidity that remains is the sellers with stops above the right shoulder.
I am observing price action around this area, depending on the daily close I may initiate a swing sell.
Hopefully, you enjoyed this analysis, give it a thumbs up
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Jun 1, 2022
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Searching for entry methods.
Jun 4, 2022
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Idea Faiiled
breakout
Chart Patterns
EQH
EURJPY
eurjpyshort
Harmonic Patterns
headandshouldersformation
Technical Indicators
liquidity
stophunt
AlkalineFX
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