FX:EURJPY   Euro / Yen Jepun
CONFIRMATIONS

- Price moved very heavy to the upside without any real major economic moves, I believe this happened for a major sell of for tomorrow.

- Waiting for price to hit my fibonacci retracement to enter for a sell.

- Big news coming out tomorrow. Main refinancing rate, monetary policy statement, and ECB press conference.

- Price might not go as low as i'm expecting on my fib because I do think it is an uptrend but were are about to have a major correction.

- Waiting for moving average to go under price.

- Waiting for candlestick confirmations (shooting star, inverse hammer, double tops, and lastly a doji to confirm pattern reversal.

- Price is completely overbought on my RSI indicator, which is a good sign price will fall.

Penafian

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