X5

EURJPY - H1 - Short and long positions

X5 Updated   
FX:EURJPY   Euro / Japanese Yen
Pair started an uptrend move, but it seems that a retracement will occur in the next hours. So it could be a good opportunity to trade short and long positions.

As always, wait for divergences and reversal bar pattern inside PRZ box.
Comment:
Still waiting for reversal bar pattern inside PRZ. There is a possibility that this pattern will overlap to the Bearish Bat pattern on H4 chart (blue)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.