jojofang0901

EURJPY Another Sell Setups

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jojofang0901 Uppdaterad   
OANDA:EURJPY   Euro/Japanska yen

Hi traders:

Looking at EURJPY here for a potential continuation bearish price action.

We can see after the impulse phase from the top, price correct into an expanding structure.

Within a few swing highs and lows, double tops, combining with a rising wedge reversal, giving me a bearish price action confirmation.

Now that price has broken down from the wedge, watch for lower time frame bearish continuation correction for possible entries down the the recent lows.

thank you
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Out for +2.8% profit, will monitor the price in next few days for possible re-entry.
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