EUR/JPY - SELL
1) Divergence in price
2) Price At daily resistance
3) Price Is in a bearish pattern at the daily chart
4) Price closing below 4hr 50EMA
A) Price could potentially make a right shoulder and then break then the neckline
B) If the price does break neckline need to wait for a correction phase
Patience is Key
Good luck everyone
2) Price At daily resistance
3) Price Is in a bearish pattern at the daily chart
4) Price closing below 4hr 50EMA
A) Price could potentially make a right shoulder and then break then the neckline
B) If the price does break neckline need to wait for a correction phase
Patience is Key
Good luck everyone
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