TraderNeoh

EURJPY - Let's See If Price Defends 143 Area

FX:EURJPY   Euro / Japanese Yen
Hi Traders. Last week I've called some selling opportunity on EURJPY around 144 based on the Double-Top.

When price was around 141.80 I also mentioned that we're looking for pullbacks towards 142.90 - 143 for further Bearish continuation setup.

As price is near the 142-90 - 143 resistance structure, in fact, on the 1h chart we got the first sign of rejection (Pin-Bar).

I'll still be mainly focusing on sells as all the criteria has been met, unless at any point price starts showing signs of Bullish sentiment breaking above 143.


If you enjoy the content, make sure you follow my profile and click the like button.

Take care and trade safe.

All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.

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.