RaynLim

EURJPY await double top RSI Div before engage a short entry

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FX:EURJPY   Euro/Japanska yen
EURJPY has been appreciating quite a bit today. For Pivot Point Traders, it is at it's R3, furthermore it is merely a 61.8% retracement and it sits on previous resistance. Looking for a shorting opporunity after market forms a double top but not exceeding the rectangle drawn. Awaiting for RSI Divergence. It can be pretty bearish, do note that this weekend there is a Japan election going on.

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