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jojofang0901

EURJPY Reversal price action for the sell

Short
Euro / Japanese Yen (OANDA:EURJPY)  
jojofang0901  
OANDA:EURJPY   Euro / Japanese Yen
Chart Patterns Double Top or Bottom Pennant priceaction structure patern impulse correction FLAG Parallel Channel
29
12
chartpattern doubletoporbottom pennant priceaction structure patern impulse correction flag parallelchannel

Hi traders:

EURJPY is shaping up to be a good reversal sell from the top.

We see a higher time frame double tops, and price has correct itself up within an ascending channel.

Latest price showed us a LTF push down, and potentially forming a continuation correction to go lower.

I would wait for a clean small LTF continuation correction to develop and complete before looking for a stop entry order to the previous lows as a first potential target.

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