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jojofang0901

EURJPY Another Sell Setups

Short
Euro / Japanese Yen (OANDA:EURJPY)  
jojofang0901 Updated   
OANDA:EURJPY   Euro / Japanese Yen
Chart Patterns Wedge Flag priceaction structure pattern impulse correction Parallel Channel expanding
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chartpattern wedgepattern flagpattern priceaction structure pattern impulse correction parallelchannel expanding

Hi traders:

Looking at EURJPY here for a potential continuation bearish price action.

We can see after the impulse phase from the top, price correct into an expanding structure.

Within a few swing highs and lows, double tops, combining with a rising wedge reversal, giving me a bearish price action confirmation.

Now that price has broken down from the wedge, watch for lower time frame bearish continuation correction for possible entries down the the recent lows.

thank you
Comment:
Comment:
Out for +2.8% profit, will monitor the price in next few days for possible re-entry.
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