Get started
Euro / Japanese Yen
Short

EURJPY expected downtrend

98
EURJPY is expected to start a downtrend as a bearish divergence has been observed on 1H timeframe, marked on RSI. Subsequently, the chart has started printing a rising wedge pattern, downward breakdown of which is likely to initiate the downtrend. Levels (Entry, SL, TP1 and TP2) have been marked on the chart for making a short entry in EURJPY.
UsmanFarouk
Chart PatternsHarmonic PatternsTrend Analysis

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.
Chart PatternsHarmonic PatternsTrend Analysis
UsmanFarouk

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.