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Euro / Japanese Yen
Short

EURJPY- SHORT SETUP

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EURJPY is at strong daily resistance, also on the daily market has formed this nice W formation, after a W formation we expect to see the market complete the pattern at the neckline giving us a downside target.... we will be waiting on lower timeframes for market to satisfy my entry rules before possibly looking for a nice intraday short position.
ITSCRYPTO1
Chart PatternsHarmonic PatternspriceactionTrend Analysis

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Chart PatternsHarmonic PatternspriceactionTrend Analysis
ITSCRYPTO1

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.