EURJPY getting closer to an important area. A retest of broken structure and the daily 200 MA, at that same level we have also a 0,38 fib level as confluence. Gonna watch the 117,5-118 level and looking for bearish evidence for a short.
Note
We see already some weakness in the up trend. Here is a scenario for possible entry for a short signal for the more conservative of you. Note
So far so good and H&S as expected.
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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.