EUR/JPY is moving along a descending trendline on the 4-hour timeframe, and the price is currently touching this trendline for the third time, forming a resistance level.
We will be looking for sell entries from this level. To get our entry, let’s scale down to the lower timeframes to identify chart patterns and candlestick confirmations.
How beautiful 😍
We will be looking for sell entries from this level. To get our entry, let’s scale down to the lower timeframes to identify chart patterns and candlestick confirmations.
How beautiful 😍
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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.