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Faibik
Aug 25, 2020 1:42 PM

EURJPY | Rising Wedge & Bearish Divergence..!! Short

Euro Fx/Japanese YenFXCM

Description

#EURJPY (Update)


Since 6th May 2020, EURJPY has been forming Higher Highs & Higher Lows (Rising Wedge)

At the Moment, Looking Bullish & this Could be last Bullish Wave Before Wedge Downside Breakout.

In Daily Timeframe, It's been Printing RSI Bearish Divergence as well (Price Increasing & RSI Decreasing)

If Wedge Broken Downside, It Might test the Major Support Area (121.80) in Coming Days.


Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!

Thanks for Your Love & Support..!!
Comments
VasilyTrader
EURJPY is very interesting right now!
Check this:
Faibik
@VasilyPonomarev nice Idea
Faibik
@VasilyPonomarev thanks for sharing here
Trading_Alone
thank you
Faibik
@RobertDung most Welcome dude
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