tupaitrader
Short

EURJPY down channel

FX:EURJPY   Euro / Japanese Yen
i think the price of the pair is in the downtrend.
this is due to the daily and weekly trend is downtrend.the candlestick in weekly and daily shows some rejection the price to go down.

i wait for the price complete the correction on the cluster target.

the are many reason for me to short for this pair.
-daily and weekly trend is downtredn
-correclation between fibonaci retracement...
-resistance area zone of major time frame.
-the price is overbought.

i guess if it breaks the cluster it will go higher.but i thnik i want to go short.

juts my analysis to learn. anyone can comment!!

thanks!!
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