SHORT OPPORTUNITY ON EURJPY

٢٨ سبتمبر ٢٠٢١

Price broke out of the ascending channel and gave us a retest on our trendline giving us more confirmation that the market is ready to go short. Currently the market is in a consolidation/ranging phase which I believe will give us enough momentum to continue to the downside. A 3rd touch on our resisting trendline will give us our entry (candlestick patterns are very important)