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EURJPY Sell Idea
Euro / Japanese Yen
Short
EURJPY Sell Idea
By VladimirRibakov
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Apr 19, 2018
2
Cheer
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Apr 19, 2018
H4 - Big double cycle up, bearish divergence has formed.
The second leg of this double cycle has reached the 100 fibo extension level of the first leg and is holding in that zone.
Once we get a breakout of the uptrend line we may look for sell setups, until price reaches the 38.2 - 50% fibo retrace zone.
bearishdivergence
doublecycle
EURJPY
SELL
Trend Analysis
Trend Line Break
VladimirRibakov
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