EURJPY - DAILY - Strong Fib confluence meets 800 EMA Strong rejection on DAILY, lets see a close below FIB PIVOT Huge Fib Cluster ranging from multiple highs 800 EMA hovering above. Still room for a retest, no need to rush in.
i`m expecting to fall more and strong , hence for shorting might have some moves up base on pivots but they are not strong to change short trend! be patient and take profits :) Good Luck!
eurjpy short trade Daily momentum down 1H momentum down 50MA rejection Previous support break test (resistance now) Pin bar rejection Daily pivot point rejection Closing below low gives us momentum advance 0.382 Fib Retracement