EURJPY is trading within a falling channel on a daily.
I am looking for shorting opportunities from its resistance line.
My plan is the following:
I will patiently wait for a test of the underlined red area,
then, I will look for a breakout of a support line of a rising wedge pattern on 4h time frame.
Once the candle closes below that, I will short expecting a bearish continuation to 144.5 / 143.8.
Alternatively, a bullish breakout of the resistance of the channel on a daily will intiate a bullish move.
â€ïžIf you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!â€ïž
â
Join My Telegram Channel: t.me/VasilyTrading
âïžYouTube Channel www.youtube.com/c/VasilyTrader
đ°Instagram: www.instagram.com/VasilyTrader/ đ°
â Facebook: www.facebook.com/VasilyTrading/ â
âïžYouTube Channel www.youtube.com/c/VasilyTrader
đ°Instagram: www.instagram.com/VasilyTrader/ đ°
â Facebook: www.facebook.com/VasilyTrading/ â