FX:EURJPY   Euro / Yen giapponese
You see here on the 4H the EURJPY is consolidating sideways.

The buyers and sellers are indecisive but I think the sellers will have Sushi Dinner because...

Price is stretched far away from ma's.
MACD is stretched far away from 0 level line.
MACD has crossed below Red signal line indicating possible new direction.
Close trade if MACD crosses above Red signal line.

Let us know what you think in the comments.

P.S. Waiting for our Big Three Indicator to turn Red based on a proven strategy we have been testing may be a good bearish confirmation.

I will keep you posted . Thanks!

Come learn a new trading strategy at tradingstrategyguides.com?utm_source=tradingview

Our free Telegram channel: t.me/TradingStrategyGuides
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.