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EURJPY H4 - BEARISH CONTINUATION TRADE SETUP

Short
Euro / Japanese Yen (FX:EURJPY)  
Veejahbee  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis EURJPY eurjpyshort euro jpy EUR swingtrade freesignals tradesetup confluence
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trendanalysis chartpattern waveanalysis eurjpy eurjpyshort euro jpy eur swingtrade freesignals tradesetup confluence
As you can see from the chart price is in a clear bearish trend, and our goal is to look for a short entry.

Considering that price has made an ABC correction to an important confluence zone which comprises of resistance level, 61.8 Fib ratio, the mean value and 3rd rejection of descending trendline. We will able to go short on this pair after a clear break of the counter trend line.

Wish you best trading week ahead.

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