Euro / Japanese Yen
Short

EURJPY AROUND A MASSIVE REJECTION ZONE

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

EUR/JPY What's next!?


As we can see price is sitting around a massive resistance zone, from higher time frame,

Where we will be looking for new bearish movements as well

However, from a short-term perspective price is still overall bullish,

Meanwhile, for the bears to kick in we need a break below the marked swing low, then a movement lower would be expected,

1-2 Risk To Reward Ratio from a risk management perspective.


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!

Disclaimer