EURJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Clearly bearish on EJ going into this week. Ideally we can find some structure and a continuation.
We are looking for price action to reject our 137.000 zone and start forming lower highs below. Look to enter on a significant lower high and target lower toward 133.000 support.
Trade scenario 2: For us to consider EJ more bullish we would need to see higher lows above 137.000 first.
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Clearly bearish on EJ going into this week. Ideally we can find some structure and a continuation.
We are looking for price action to reject our 137.000 zone and start forming lower highs below. Look to enter on a significant lower high and target lower toward 133.000 support.
Trade scenario 2: For us to consider EJ more bullish we would need to see higher lows above 137.000 first.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.