EURJPY Short
1) Zooming out to D1 we should see a clear uptrend channel and the price is bouncing inside the channel, still.
2) 4 Hour chart also confirms that the price is bouncing inside the uptrend channel.
3) You should see a clear Double Top in the 4 Hour chart as the price capped at almost the same level which is at 126.6 .
4) In the 15 Min chart you can see clearly supply and demand zone as drawn in the chart.
5) Wait for some possible pullback to the Supply Zone.
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This is just my idea, we can't control the market. any idea just comment below :D Good luck!
2) 4 Hour chart also confirms that the price is bouncing inside the uptrend channel.
3) You should see a clear Double Top in the 4 Hour chart as the price capped at almost the same level which is at 126.6 .
4) In the 15 Min chart you can see clearly supply and demand zone as drawn in the chart.
5) Wait for some possible pullback to the Supply Zone.
.
.
This is just my idea, we can't control the market. any idea just comment below :D Good luck!
Note
we've hit our SL as the price shoot pass the supply zone..
.
again, we can't control the market :D
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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.