EURJPY is showing a short opportunity on daily time frame with 350 pips opportunity. The reason behind this analysis is that we have a double top and a lower high and if the price will be able to brake the support area then we will have a lower low which will complete a bearish trend reversal pattern. Buy entry 131.500 Stop lose @ 132.500 Take profit @ 128.000
This is just an Idea. please do your analysis before taking any trade and don't depend on other analysis. Happy trading
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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.