Chiguuu

EURJPY Potential Short swing into 131.000

Short
OANDA:EURJPY   Euro / Japanese Yen
Seems like it is going to make its weekly higher low.
Here are the Confluences;
a. 4H/1H Lower low
b. Head and shoulder pattern
c. 1H Trendline
d. Structural Zone
e. Previous weekly closure doji candle

Main Take-profit target is 131.000 Major psychological level which might also hold a liquidity due to consolidation that happened in that level.
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.