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Stargazer_fx
Oct 13, 2020 7:11 AM

EURJPY, price back below the support structure, sell analysis Short

Euro Fx/Japanese YenFXCM

Description

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EURJPY
price is back below the support/resistance structure,If price breaks below the ascending trendline then after a pullback if price shows rejection I expect the price to go lower..

For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..


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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Comments
KlejdiCuni
Well done:)
Stargazer_fx
@KlejdiCuni thanks mate
ChasingTheMoon
great! I have the same plan. keep up the good work :)

Stargazer_fx
@ChasingTheMoon thanx buddy
Underground_trader
Thankyou for sharing
Stargazer_fx
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