Euro / Japanese YenShort
EUR/JPY NEXT MOVE, NEXT REACTION
Updated
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
EUR/JPY WHAT ARE WE LOOKING FOR!?
As we clearly see price is trading inside this falling broadening wedge pattern
In addition, price managed to reject our support zone and traded higher, moreover as we mentioned price in overall bearish
So, as the price approaches the upper falling trendline, lining up with a massive supply zone
Which makes the area more interesting as well, we will be searching for new shorts as the price approaches the critical zone
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
EUR/JPY WHAT ARE WE LOOKING FOR!?
As we clearly see price is trading inside this falling broadening wedge pattern
In addition, price managed to reject our support zone and traded higher, moreover as we mentioned price in overall bearish
So, as the price approaches the upper falling trendline, lining up with a massive supply zone
Which makes the area more interesting as well, we will be searching for new shorts as the price approaches the critical zone
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Note
Forex traders, see you there: t.me/Snipers_F_x
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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.