Expecting Bearish Move EURJPY
Expecting a bearish move on EURJPY. Will be watching price make a retracement to the 4hour resistance zone (which is former support), then I will look for a sell setup to ride the bearish continuation. Price may form a head and shoulders pattern inside the supply zone.
Weekly
Price appeared to have formed a double top on the weekly (which is the High). Price then broke below, formed a low and made a retracement to the neckline, which is now acting as a Lower High. Now I am expecting price to make a bearish impulse possibly creating a new low.
Weekly
Price appeared to have formed a double top on the weekly (which is the High). Price then broke below, formed a low and made a retracement to the neckline, which is now acting as a Lower High. Now I am expecting price to make a bearish impulse possibly creating a new low.
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