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jojofang0901
Dec 30, 2020 2:41 AM

EURJPY Reversal price action for the sell  Short

EUR/JPYOANDA

Description


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.

Thank you
Comments
goldenpatty
Great one there
jojofang0901
@goldenpatty, thank you :)
TheSignalyst
Keep up the amazing work
jojofang0901
@TheSignalyst, will do you as well.
Pascal_S
Impulse down is seen, going back up for correction or false break out. Just wait little longer?
ForexaSolutionsAcademy
Thanks for sharing.
jojofang0901
@ForexaSolutionsAcademy, Your welcome :)
Fisher_Fx
Great set up here. Watching for rejections
jojofang0901
klzdtrading
Chart with drawings and labels are helpful. Thank you!
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