WFFX

EURJPY Short - Following higher time frame upward trend line

Short
FX:EURJPY   Euro / Japanese Yen
Another one on the watch list, in higher time frame analysis, price has broken out of the upward trend line to form a lower low, price has retraced and is now re testing the downward trend line for the 4th time, I am anticipating a large bearish push to at least retest previous lows of 115.

Lets see how price reacts, hopefully some good shorting opportunities present themselves.
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.