Get started
VladimirRibakov

EURJPY Forecast

Short
Euro / Japanese Yen (OANDA:EURJPY)  
VladimirRibakov Updated   
OANDA:EURJPY   Euro / Japanese Yen
Multiple Time Frame Analysis Trend Analysis Wave Analysis EURJPY forecast SELL Bearish Patterns bearishdivergence doublewave bearishtrendpattern pullback
17
6
mtfa trendanalysis waveanalysis eurjpy forecast sell bearish bearishdivergence doublewave bearishtrendpattern pullback
D1 - The price has created a double wave to the upside, bearish divergence.

H4 - The price which is moving lower has created a bearish trend pattern.

Currently, it looks like a pullback is happening, expecting further continuation lower after pullbacks.
Comment:
The price moved lower exactly as I expected it to and provided a fantastic move to the downside!
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.