EURJPY TRADE IDEA

Von mytw0cents
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Let me know what you think In the comments!

My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills.

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no go
Kommentar
EURJPY TRADE IDEA
Kommentar
Since the RSI is still above 50%, there is still a strong upward momentum for the EURJPY, which has already broken its neckline and made new highs. In order to short the eurjpy, I like to see price breakthrough the blue line support.

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Kommentar
I observe a divergence in the 1 hour chart; will the eurjpy fall?

Snapshot
Beyond Technical AnalysisEURJPYeurjpyshortpriceactionanalysissupportandresistancezonesTrend AnalysisWave Analysis

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