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VladimirRibakov

EURJPY Sell Idea

Short
Euro / Japanese Yen (FX:EURJPY)  
VladimirRibakov  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis EURJPY SELL Bearish Patterns criticalzone Support and Resistance falsebreak bearishdivegence
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trendanalysis eurjpy sell bearish criticalzone supportandresistance falsebreak bearishdivegence
H4 - We have a critical zone that has formed based on the top of the channel and a strong resistance zone.

We may now expect one more push higher from the current zone towards this critical zone. We may then start looking for sells with bearish evidences.

We already have two false breaks with bearish divergence so alternatively if the price moves lower from the current zone and breaks below the low shown in the screenshot, we may then start looking for sells with more bearish evidences.
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