-previously EURJPY (EJ) formed a favorite pattern which is HNS (head and shoulder), before diving 157 pips at neckline.
-bearish movement justified when LL of previous trough was tested and broken with strong marubozu sell CS.
-prediction, price probably will retest to BRN 121.000 before further continue bearish movement.
- i will monitor PA at BRN 121 or surrounding the zone.
-if price broke demand zone and BRN 120.00 price will go further down.
-lets watch and see.
-bearish movement justified when LL of previous trough was tested and broken with strong marubozu sell CS.
-prediction, price probably will retest to BRN 121.000 before further continue bearish movement.
- i will monitor PA at BRN 121 or surrounding the zone.
-if price broke demand zone and BRN 120.00 price will go further down.
-lets watch and see.
Note
-my observation on Monday, market will retrace.-Price probably will retest/reject BRN 121.000 before resume bearish sentiment. whatever market decide we follow.
-be watchful on tomorrow's news.
Everybody has a plan until they get punched in the face
Related publications
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.
Everybody has a plan until they get punched in the face
Related publications
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.