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jojofang0901
Jan 10, 2021 7:52 PM

EURJPY 2 possible sell scenarios Short

EUR/JPYOANDA

Description


Hello traders:

Seeing EURJPY is very close to have that bearish reversal we have all been waiting for.

Price could not push out form the ascending channel previously, and made another pushed up.

But now seeing a small reversal correction at the top, the price could begin its LTF bearish move very soon.

2 possible entries that I will be looking for:

-either price confirmed the breakout, and form continuation correction
or
-price bounce off the bottom of the channel, but formed a right shoulder for Head and Shoulder pattern f or reversal down.

Thank you

Comment

Comments
FOREXN1
Yeah, I think your scenario is High probability !
jojofang0901
@FOREXN1, More confirmations for me. Certainly no right or wrong in trading. Just different plans, management :)
TheSignalyst
Yess exactly the same for me
jojofang0901
@TheSignalyst, Great :) good to hear that.
abel11
Thanks for sharing. this is what i think
jojofang0901
@abel11, Nice :) glad we are seeing the similar bearish potential
KlejdiCuni
Totally agree with you! I have the same setup watching since the previous week. Thanks
jojofang0901
@KlejdiCuni, Absolutely :) thx bud
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