Wave-Trader

EURJPY Testing The Top again

Short
Wave-Trader Updated   
FX:EURJPY   Euro / Japanese Yen
102
Hi fellows, This pair is testing the top again, I am looking for short on it. I am not anticipating breakup and looking for reversal. In case price break up and violate the previous high then then i need to watch for TCP( Trend continuation Pattern) Before any buying for upside. We can see price is forming nice price action on lower time frame. Use reasonable risk fellows. Good Luck.
Comment:
Price action getting stronger at the top watch for impulse on it.
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Lower time frame showing that bearis are getting in.
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Watch for clear and strong breakdown fellows.
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Forming new High
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This pair is not going anywhere Watch the top and look for reversal. As long as Price will remain in the TRP we are short on this pair.
Comment:
Here we got the break. It is breaking lets wait for the clear breakdown and then look for TCP
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