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NicholasChong
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EURJPY 50% | 1 EURUSD 50% | 1
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eur eurjpy euro Less Tags Show All Tags
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Bearish div + Wedge on EU
EURUSD
, 60 Short
EURUSD: Bearish div + Wedge on EU

Waiting for the breakout.....

EURJPY Short Idea
EURJPY
, 240 Short
EURJPY: EURJPY Short Idea

The thesis: 1. Rising Wedge on the 4H chart which indicates weakness in the bullish trend. 2. Bearish divergence on the 4H chart showing possible consolidation by buyers 3. ATR shrank meaning decreasing volatility but we may see some moves happen just before the weekend. The antithesis: 1. If Macron wins, expect the wedge to be invalidated and an uptrend to...

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