歐元 / 日圓看空
EURJPY Short Setup - Target: 95.000 🎯
The EUR COT contracts are at record sizes for long contracts. Throughout the history we know that such moment where we see values far from the equilibrium, the trend changes its direction.
On the monthly chart we can see that from 2008 till 2012 price was following a downtrend and after it reached the monthly critical near 95.000 price started moving in an upward momentum.
The bottom trendline from this momentum was respected till August 2019. This + the record high COT contracts indicate that the EURJPY may do another trend-reversal towards the 95.000 once again.
On the daily timeframe EUR/JPY is forming an “M” structure near the bottom-monthly trendline . Now we are at the second leg of this formation. This can lead to massive sell pressure and could be the trigger for the long waited trend-reversal.
Happy Trading!
On the monthly chart we can see that from 2008 till 2012 price was following a downtrend and after it reached the monthly critical near 95.000 price started moving in an upward momentum.
The bottom trendline from this momentum was respected till August 2019. This + the record high COT contracts indicate that the EURJPY may do another trend-reversal towards the 95.000 once again.
On the daily timeframe EUR/JPY is forming an “M” structure near the bottom-monthly trendline . Now we are at the second leg of this formation. This can lead to massive sell pressure and could be the trigger for the long waited trend-reversal.
Happy Trading!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。