Possible short on EURJPY
Hi! This is my first post, and do let me know if you think I'm wrong on any of this.
As we can see on the RSI indicator, EJ pair is curently very overbought.
Furthermore, we're facing a probability of a double doji close on 1h chart.
Currently, EJ seems very exhausted, and to me it seems like it is only a matter of time before it tests resistance at TP1 and TP2.
Whatever happends after, I do not know.
If you read this, please flame me in the comments, but do give a like (I really want to be able to use the chat function :))
Good luck!
As we can see on the RSI indicator, EJ pair is curently very overbought.
Furthermore, we're facing a probability of a double doji close on 1h chart.
Currently, EJ seems very exhausted, and to me it seems like it is only a matter of time before it tests resistance at TP1 and TP2.
Whatever happends after, I do not know.
If you read this, please flame me in the comments, but do give a like (I really want to be able to use the chat function :))
Good luck!
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