Get started
RandyFuego

EURJPY 1D Short Swing

Short
Euro / Japanese Yen (FX:EURJPY)  
RandyFuego Updated   
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Fibonacci Trend Lines
3
0
trendanalysis fibonacci trendline
EURJPY has broken out of the shown structure. We could interpret this action as a sell signal. We might see a pullback back to the broken structure for a brief retest of it. Wait for the pull back or a clear entry signal on the lower time frames for an entry.
Comment:
This is how it looks on the weekly time frame. It has been rejected by the 50EMA on the 1W chart.

snapshot
Comment:
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.