Optimum369

20 reasons for Sell EURJPY

Short
FX:EURJPY   Euro / Japanese Yen
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Multi years Sideways market current candle bullish and tao upper side resistance
2 📆Monthly: Rejected by monthly Resistance, and the current candle is Bearish
3 📅Weekly: Clear Up trend, but the price is Corrective phase now
4 🕛Daily: structural bear toward FVG or Ob

😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bear
6: 2 Pattern Candle Chart: Big Doji /higher low lower low
7: 3 Volume: good Volume at selling candles
8: 4 Momentum UNCONVENTIONAL Rsi: Sideways
9: 5 Volatility measure Bollinger bands: Below middle band bearish w type formation
10: 6 Strength ADX: strength in for bearish side
11: 7 Sentiment ROC: Currently, JPY perform well against Eur

✔️ Entry Time Frame: H4
12: Entry TF Structure: Bear
13: entry move: Impulse
14: Support resistance base: rejected at previous Resistance
15: FIB: Done trigger event

☑️ final comments: Sell right now
16: 💡decision: Sell
17: 🚀Entry: 144
18: ✋Stop losel:145.2
19: 🎯Take profit:140.8
20: 😊Risk to reward Ratio:1:3.5
🕛 Excepted Duration:5 days

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