TradingView
RandyFuego
Jan 26, 2020 9:18 PM

EURJPY 1D Short Swing Short

Euro Fx/Japanese YenFXCM

Description

EURJPY has broken out of the shown structure. We could interpret this action as a sell signal. We might see a pullback back to the broken structure for a brief retest of it. Wait for the pull back or a clear entry signal on the lower time frames for an entry.

Comment

This is how it looks on the weekly time frame. It has been rejected by the 50EMA on the 1W chart.

Comment

More