TheTradersAvenue

EURJPY > Trading Plane for Short Trade!!

OANDA:EURJPY   Euro / Japanese Yen
Hey friends👋 Support this idea with like if it's helpful to you, leave me a comment below that will help me a lot 🙏.

Analysis of #EURJPY

The price is moving straight up and taking every resistance on its way, every major number, that what happens when currency strategists are in the markets, and you have the Algos kicking the price up like no gravity.

Soon the price will get exhausted and everyone who wants to buy already bought and the pair won't be able to find more buyers, that's where I will look to sell if provided me with a reason to do so.

in the main time, if on the lower time frame provided me with a trend continuation opportunity, I will look to enter long for a day trade

⚠ Please note the ideas is valid only if it happened as I said above

Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌

Check today analysis below

Stay safe everyone
_____________________________________________________________________________
Before trading our ideas make your own analysis.
_____________________________________________________________________________
Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only*

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.