EUIRJPY Short trade Idea
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EJ has given us a great bullish run in the past week. Wave 5 has been complete but in this 5 wave motive move,
wave 5 is an extended wave. We also have the formation of a head and shoulders pattern at the peak of wave 5
within an ascending channel. I will wait for a break and retest for entry confirmation. This is a counter-momentum
trade and will therefore require some caution.
If you enjoy this setup please do drop a comment and a like, I would highly appreciate it.
#FOLLOW4FOLLOW
wave 5 is an extended wave. We also have the formation of a head and shoulders pattern at the peak of wave 5
within an ascending channel. I will wait for a break and retest for entry confirmation. This is a counter-momentum
trade and will therefore require some caution.
If you enjoy this setup please do drop a comment and a like, I would highly appreciate it.
#FOLLOW4FOLLOW
Nota
Trade wasn't triggered, no break or retest of the trendline.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.