EURJPY ForecastIn the current market structure we are looking for a 3 potential sell setup
#1- In the current price there is a potential flag pattern formation that can break then form a ascending channel with a double top formation. We can enter on the 3rd touch or at the double top as risk entry on in the break of tiny rising wedge as reduced risk entry
#2- It can formed a big continuation that can push the price to the upside then form a possible rising wedge on the 3rd touch of the ascending channel then we can enter on that level for a potential sell entry
#3- It can also break on the ascending channel & touch on the daily trendline before going to the downside
Keep it simple & Happy Trading Guys!
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*This Market Analysis is for educational purpose only. Trade at your own risk*
