FullTimeTrader

EURJPY-H1- A textbook bearish 5-0 pattern (educational)

Education
OANDA:EURJPY   Euro / Japanese Yen
This pattern is not well known but sometimes helps our analysis for extra confirmation.
Im already short here using other tools:
I found this 5-0 pattern later, therefore it gives me extra confirmation and can be confident this is a high probability trade.
We can see price reacted perfectly near the PRZ.
Best regards.



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.