Euro / Japanese YenShort
Eur/Jpy Has Left The channel again but Will It Close Here?
Look at this channel... And it is a channel!
It is more clear with a line chart showing closing prices.
Price keeps leaving this channel and has left it many times since 2022 , and never 1 time closed outside of this channel.
I do not believe this current price will close outside of this channel.
This leads me to believe that we should sell right now.
I know a sell seems impossible... but we have some evidence that price will not close here.
We have a sell signal on the 15min time frame.
I believe we can sell from here.
It is more clear with a line chart showing closing prices.
Price keeps leaving this channel and has left it many times since 2022 , and never 1 time closed outside of this channel.
I do not believe this current price will close outside of this channel.
This leads me to believe that we should sell right now.
I know a sell seems impossible... but we have some evidence that price will not close here.
We have a sell signal on the 15min time frame.
I believe we can sell from here.
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