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ThinkingAntsOk

EUR/JPY Waiting for the Breakout by ThinkingAntsOk

Short
Euro / Japanese Yen (FX:EURJPY)  
ThinkingAntsOk  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Support and Resistance Multiple Time Frame Analysis EUR jpy EURJPY short Bearish Patterns analysis setup
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trendanalysis supportandresistance mtfa eur jpy eurjpy short bearish analysis setup
🔸 4H CHART EXPLANATION:
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🔸 Price did a pullback to the broken Weekly Trendline.
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🔸 It has also broken the short term Ascending Trendline.
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🔸 It has been consolidating for some weeks. We are waiting for a clear breakout of the consolidation before taking any position.
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🔸 Will look for a lower timeframe setup.

🔸 DAILY CHART ANALYSIS:

snapshot

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