Get started
Saad_Amjid

EURJPY - Bearish

Short
Euro / Japanese Yen (OANDA:EURJPY)  
Saad_Amjid  
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns
0
0
trendanalysis harmonicpatterns chartpattern
Dow theory stated that a trend could be bearish if it makes higher low and lower lows respectively.
Now here EURJPY after making its all time high it started making lower highs and lower lows and by this bearish engulfing candlestick pattern it seems it make it s new lower high now it will make new lower low.
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.