Jeremiah_Capital

EURJPY- Daily Umbrella Formation

Short
FX:EURJPY   Euro / Japanese Yen
Daily:Umbrella formation
📍Daily: Umbrella formation, best know for same day follow through, bearish bias.
📍4HR:Broke and close below weekly support ,awaiting range breakout to further confirm bearish continuation.
📍1hr: Sell stop place below the breakout levels.

Major Bird Eye View:(Always used as additional conformations)
🦅Daily:Umbrella formation below the EMA and SMA.
🦅 Bearish Ichimoku 4HR/1HR :Tenkan -sen is Pointing Down, Chinkou span=Below price, kijusen pointing down..

Disclaimer🔇
🔖We don't predict the market rather we follow the Footprints it leaves behind.
🔖Risk management doesn't guarantee profitability but capital Reservation.
🔖The Analysis is strictly based on my own views and experience, hence only for educational purpose, and never guarantee your future profits.
🔖I do not decide on your trade decisions. Make sure to follow your own decision when investing your own fund while considering its risks.
🔖 I do not promote or affiliated with any brokers, signals, or robot.

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