EURJPY: Watch this Confluence #forex
A confulence of potential resistance levels that suggest watching this are for a short trade. Despite all the confluence, i always prefer to wait for confirmation through candlesticks or RSI momentum divergence.
Good luck...
Exclusively Subscribers to my mailing list will get one month access to my trading account . subscribe here thefxchannel.com/ ,
twitter.com/thefxchannel
My best regards
Technician
- Potential for a new lower high
- Two descending resistance levels , one for a broken triangle pattern and one for the overall bearish wave.
- 50-days SMA
- Fibonacci retracement levels
Good luck...
Exclusively Subscribers to my mailing list will get one month access to my trading account . subscribe here thefxchannel.com/ ,
twitter.com/thefxchannel
My best regards
Technician
Related publications
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.