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jojofang0901
Sep 5, 2021 10:39 PM

EURJPY Another Sell Setups Short

EUR/JPYOANDA

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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

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

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Comments
ForexTrendline
quality job bro, thanks for sharing!
jojofang0901
@ForexTrendline thank you 😊
WicktatorFX
Exactly what I got! Nice
jojofang0901
@WicktatorFX great 😊
wailin2019sbgg
thanks jojo
good analysis
jojofang0901
@wailin2019sbgg thank you 😊
Tidwell92
I was looking at the same pair. Ill wait and see it pan out
jojofang0901
@Tidwell92 great 👍
CobraVanguard
Bravo
awesome chart and idea
jojofang0901
@T_V_TreeTrader thank you 😊
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