SMCWolfFX

EUR/JPY Technical Analysis - 4 Hour

Short
EIGHTCAP:EURJPY   Euro / Japanese Yen
EJ reached a higher time frame POI today filling in a HTF fair value gap (FVG) and order block (OB).

If lower time frame structure conforms, price could have the possibility to deliver to the downside into an imbalance zone of HTF FVG and OB in line with the Fibonacci golden ratio.

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.