EURJPY - Shift in Trend
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Market is currently in consolidation (daily chart), but on a downtrend on the trade timeframe (1 hour).
Pair has put a double bottom and a potential Head and Shoulders formation.
RSI divergence is also noticed.
It is not to easy to find a good risk reward ration for this trade but it is worth to notice the shift in trend that might be happening.
Pair has put a double bottom and a potential Head and Shoulders formation.
RSI divergence is also noticed.
It is not to easy to find a good risk reward ration for this trade but it is worth to notice the shift in trend that might be happening.
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