EUR/JPY - ANOTHER SHORT OPPORTUNITY
1. Looking at the higher tf,
we're able to see the hidden divergence
of the price using our RSI.
2. Price is currently testing the major
level at 139.400 key resistance
wherein it broke through in the past
only to be rejected and came back
again on the same level to test it again.
3. I'm anticipating another rejection
in the same level.
4. I'll go with the lower tf to look
for a short opportunity.
5. It's very important to check the higher
tf first to see what trend we're in now.
6. We can also correlate the movement
of this pair to the movement of Eur
since we're overall bearish in Eur,
expect the same with this pair.
HELLO, TRADERS! IF YOU LIKE THIS ANALYSIS, PLEASE LEAVE A LIKE AND FOLLOW MY CHANNEL AND LET ME KNOW YOUR THOUGHTS BY COMMENTING DOWN BELOW.
we're able to see the hidden divergence
of the price using our RSI.
2. Price is currently testing the major
level at 139.400 key resistance
wherein it broke through in the past
only to be rejected and came back
again on the same level to test it again.
3. I'm anticipating another rejection
in the same level.
4. I'll go with the lower tf to look
for a short opportunity.
5. It's very important to check the higher
tf first to see what trend we're in now.
6. We can also correlate the movement
of this pair to the movement of Eur
since we're overall bearish in Eur,
expect the same with this pair.
HELLO, TRADERS! IF YOU LIKE THIS ANALYSIS, PLEASE LEAVE A LIKE AND FOLLOW MY CHANNEL AND LET ME KNOW YOUR THOUGHTS BY COMMENTING DOWN BELOW.
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