lewglasgow
Short

EUR/JPY - Bullish ABCD

FX:EURJPY   Euro Fx/Japanese Yen
There are some amazing setups forming on the charts, here we have EUR/JPY             on a Daily chart with an AB=CD pattern . Straight away this could be an excellent shorting opportunity from the C-D leg move, we will also have a potential long position in the near future upon completing the D leg.

We are bearish on this pair as long as price stays beneath the descending trend line and 200 EMA. Once price hits our C point I will be looking for a short position, breaking our counter trend line!
FREE forex trading video series for beginners: https://www.sixfigurecapital.com/video-series

Lewis Glasgow, Creator of Six Figure Capital.

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out