EUR/JPY Sell Idea based on Price Channel reversal
Hello traders and the entire Tradingview community! Hope you had a great weekend!
Taking a look at the EURJPY, we can see a price channel as indicated in my chart.
The price channel has been working for more than 4 weeks now. As you can already see,
price has reversed after hitting the upper trend line of the channel many times in the past.
This time too, EJ is showing signs of reversal after hitting the upper TL of the channel.
I am already holding sell positions in EJ@158.50 and I expect EJ to fall further in the
next few days.
Taking a look at the EURJPY, we can see a price channel as indicated in my chart.
The price channel has been working for more than 4 weeks now. As you can already see,
price has reversed after hitting the upper trend line of the channel many times in the past.
This time too, EJ is showing signs of reversal after hitting the upper TL of the channel.
I am already holding sell positions in EJ@158.50 and I expect EJ to fall further in the
next few days.
Nota
65 pips profit from our sell at 158.50Dagangan aktif
Added another sell@158.33Nota
Latest selling running in 58 pips profit
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.
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.