RiosTrades

EURJPY Bearish Trend Continuation

Short
FX:EURJPY   Euro / Japanese Yen
The pair above shows clear definition on what it wants traders to believe and assume will happen at the Opening of the Market. Ideally traders will enter short from the get-go due to the Bearish Inverted Hammer located roughly around the 38% Fibonacci which is key for Strong/Major Trend Continuation. We will have to proceed a little smarter and with a little more patience allowing the market to meet our standards for an entry, I'd like to see the market structure increase some more before entering assuring my analysis is correct, we have to be 2 steps ahead not just ahead on where price stands right now.
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