Euro / Yen Jepun
Singkat

EURJPY opportunity ?!

94
H4
  • Triangle Pattern Formed
  • Key resistance trendline is facing currently
  • MACD histogram shows bullish momentum is beginning to weaken
  • TrendlIne fail to break out in the previous 2 times it show it was the strong resistance trendline at the top


H1
  • candlestick formed a reverse pattern on the key resistance
  • MACD line and Signal line cross at the top and ready to go down
  • MACD histogram is under 0


What to do now?
  • My opinion is short the market immediately or
  • Waiting for confirmation due to currently is testing the resistance zone or
  • Waiting to reverse candlestick pattern in H4 chart
  • Please do your own proper risk management

#Good Luck to all traders!!!#

Penafian

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