EURJPY Ascending Channel Look for sell and long Buy Short

Euro Fx/Japanese YenFXCM

Description

⋅ May 19, 2020 2:56 AM

Ascending Channel forming look for sell followed by retest of the trendline break back to the engulfing candle near the 60 percent retracement zone.

Comments

GIMFCFX

⋅ May 24, 2020 5:49 PM

Did you use a higher timeframe to find out the trend?

jrock799

⋅ May 24, 2020 11:12 PM

@ddb1975, Yes it is trending down on highe timeframes but also at a level of support. I think it has another pull up before that support is broken.

Dave-FX-Hunter

⋅ May 20, 2020 11:04 AM

very possible