DigitalDavetheProfessor

DigitalDavetheProfessor

Eurjpy has been respecting daily downtrend trendline. Price looks to be approaching daily trendline. We can expect price to respect trendline and sell down to major support zone. If the daily trendline is broken then this trade idea is invalid.

DigitalDavetheProfessor

I’m predicting price will continue selling down based on price making a double top on the Daily Timeframe. Followed by a downtrend line. Price tested the downtrend line multiple times. As long as price doesn’t break above downtrend line we can expect price to continue sellling. Tp 1: 134.118 Tp 2: 133.161