RlcTrading

Eur/Jpy may swing low to begin a new downtrend

Short
OANDA:EURJPY   Euro / Japanese Yen
This pair has made a swing low.
You could expect it to fall again.
The reversal pattern looks like a rising wedge or something similar.
I will use risk management in case it decides to run back up and double top
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.