TheSignalyst

EURJPY top-down analysis

Short
FX:EURJPY   Euro / Yen giapponese
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on WEEKLY: EURJPY is sitting around strong resistance zone in blue so we will be looking for sell setups on lower timeframes.

on M30: EURJPY formed an objective double top pattern.

Trigger: Waiting for a momentum candle close below the gray neckline to sell.

and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.

As price approaches our lower green or red support, we will be looking for buy setups.

Good luck!

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