grnntom

EURJPY 15-5 minute idea

Short
grnntom Updated   
EIGHTCAP:EURJPY   Euro / Japanese Yen
The price has recently broken out of an uptrend by rising above its previous highs and reversing the structure. I see a shift in sentiment since pricing took liquidity away from prior customers resting liquidity. The imbalance shows that the volume left price behind and gives the idea added confluence.  In order to maintain the downward trend, I anticipate that the price will revert to its extreme premium pricing.
Order cancelled

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.