Zaunite

EURJPY SHORT- Wycoff Analysis

Short
FX:EURJPY   Euro / Japanese Yen
Price pushed up with decreasing volume so the volume divergence gave us the signal that the move up was fake and would act as the spring, entry was taken upon the break of the inside bar. I expect price to fall down to the Retail support line and break through the line after an intial fakeout to then go on to the Markdown phase.
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