EURJPY SHORT

My algorithms show multiple confluences for a short entry for this pair. I am currently in, I see price is currently below the 200 day average along with multiple candlestick patterns that signal an entry. I will be taking price down to 118.00 support where many buyers will be looking to enter as it signals a bounce off of a short term trendline. Trendlines have an extremely high failure rate in the smaller timeframes and banks know this stuff. Further analysis will be made after this trade completes.
Beyond Technical AnalysisdollarEURJPYeurodollarTechnical Indicatorsjapanlong-termshortTechnical AnalysisTrend Analysisyen

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