EURJPY 4.2.2020
SELL
We broke out of a 4hour rising wedge pattern.
Now we have a retest at a resistance lvl.
This lvl is not very stronge but for a retest its enough.
We also have the 38.2 fibonacci for another confirmation and the MACD is also showing divergence.
SELL
We broke out of a 4hour rising wedge pattern.
Now we have a retest at a resistance lvl.
This lvl is not very stronge but for a retest its enough.
We also have the 38.2 fibonacci for another confirmation and the MACD is also showing divergence.
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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.