EURJPY at verge of breaking Wedge to fall.

٢٢ يناير ٢٠٢٤

We can see the distribution Phase as its consolidating that means it may start to fall if it breaks downward. So lets wait for the breaking of this wedge and we can ride it to book our TP. Another bearish divergence have formed on RSI indicating to be fallen soon (divergence on RSI always indicates us prior to the price action).

٢٢ يناير ٢٠٢٤

ملاحظة

ENTRY (Sell Stop) - 160.516
STOP LOSS - 161.873
TAKE PROFIT - 159.189