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EURJPY - SHORT IDEA

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OANDA:EURJPY   ユーロ/円
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EURJPY - SHORT (ANALYSIS)

WEEKLY

-Price is still very much Bearish on the High Time frames especially on the Weekly as were still trending to the downside with a series of LL and LHs and a clear continuation pattern (Bearish W)

DAILY

price has previously formed a Head and Shoulder pattern which is also followed by a continuation bearish W and a Clear Descending Trendline holding price

4H

- Price has formed a Bullish M pattern for a fib completion to the -27 aligned with the Daily Suppy and Demand Zone (whiteBox)



Disclaimer:

*this is for educational purposes only, not financial advice!
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