Good Day Everyone
A look at the EURJPY pair which is net short from higher time frames when we look at the monthly, weekly and the daily chart the pair just rejected at resistance level 126.944 holding the descending channel structure.
looking for a continuation of this move targeting support level 124.294 to complete a descending triangle structure on higher time frames looking for short on the pair.
looking for significant moves to the downside as we completed the 1234 move to show that we've entered a downtrend or rather confirmed.
let's see how it goes...
GOOD LUCK AND HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
* THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
A look at the EURJPY pair which is net short from higher time frames when we look at the monthly, weekly and the daily chart the pair just rejected at resistance level 126.944 holding the descending channel structure.
looking for a continuation of this move targeting support level 124.294 to complete a descending triangle structure on higher time frames looking for short on the pair.
looking for significant moves to the downside as we completed the 1234 move to show that we've entered a downtrend or rather confirmed.
let's see how it goes...
GOOD LUCK AND HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
* THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
