Reason to sell:
1- EURJPY is in downtrend and updating LH and LL.
2- Pair is near horizontal support and possibly
make a double top which is reversal pattern.
3- Price is in golden FIB zone and can reverse
possibly from golden zone.
4- Price is approaching MA200 in 4H timeframe
which can provide resistance.
1- EURJPY is in downtrend and updating LH and LL.
2- Pair is near horizontal support and possibly
make a double top which is reversal pattern.
3- Price is in golden FIB zone and can reverse
possibly from golden zone.
4- Price is approaching MA200 in 4H timeframe
which can provide resistance.
Note
Trade fullfill my idea and drop almost 400 pips from entry zone.
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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.
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.