jojofang0901

EURJPY further downside is expected

Short
OANDA:EURJPY   Euro / Japanese Yen

hi everyone:

EURJPY has the similar bearish price action like more of the other JPY pairs.

Price had the clear bearish impulse down from the Head and Shoulder pattern, and begin to form this ascending channel like structure.

Latest LTF price action showed an impulse push down, out of the channel structure, could be a indication that we are going to be in the next impulsive phrase of the HTF market condition.

Look to see if price can complete this correction here, and look for small correction to get in the sell.

Thank you


Thank you
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Comments

very nice thanks! 🦐👍🏻
Reply
thanks for sharing! this is what I see on EURJPY:
Reply
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