DayTrade-EA

Potential sell on double top :

Short
FX:EURJPY   Euro / Japanese Yen
In 4 Hr chart we have potential double top formation , whereas in daily chart we can see strong rejection with bollinger band closing in ,

looking at both scenario its suggested to look for possible sell opportunities till price is not making new highs , price is expected short term from horizontal support and more bearish pressure maybe seen if EURJPY manages to close below same.

Follow us for more.
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.