Hello fellow traders,
It looks like EURJPY is living final days before massive collapse. In my understanding we got a broadening top formation and in our scenario it is more likely to reverse a trend. Additionally, take a look at awesome oscillator and this one has quadriple divergence - it is rising in pain. All the structure. reminds expanding diagonal/ wedge.
Sincerely,
Trend reverse.
It looks like EURJPY is living final days before massive collapse. In my understanding we got a broadening top formation and in our scenario it is more likely to reverse a trend. Additionally, take a look at awesome oscillator and this one has quadriple divergence - it is rising in pain. All the structure. reminds expanding diagonal/ wedge.
Sincerely,
Trend reverse.
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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.