NavelaKK

EURJPY SELL

Short
NavelaKK Updated   
FX:EURJPY   Euro / Japanese Yen
As price has now come back into structure, I would anticipate a lot more down movement,

at the moment, its creating a small correction, which could reach the trend line as retest or go earlier, one for your own judgement as to when to enter.
Comment:

potential entry 3rd touch of smallr correction channel, need clear rejection could fake out slightly to 50/61% fib before coming back into structure for sell.

Share your thought guys on entry, all a learning process to help each other, i do need to work on entrys!
Comment:
Sometimes you need to take a step back from the original idea and observe the new patterns the market makes


I see a HNS forming, we are currently at right shoulder, same time not sure if this count as a bullish flag, people thoughts?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.