davide.braito

Possible short scenario Eur/Jpy

FX:EURJPY   Euro / Japanese Yen
0
A possible short scenario on EUR/JPY is possible if the BOJ will slaken the QE program, also 22th July will be elections in Japan and this fact could be cause of big volatility.
Into the graph I see an hanging man in proximity of the 0.5 of Fibo rentracements, this could be a possible signal of change of trend but it needs confirmation.
At the moment I'm writing there is any confirmation of my trading idea.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.