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Retuka

EURJPY PENNANT PATTERN SETUP

Short
Euro / Japanese Yen (FX:EURJPY)  
Retuka  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns DXY Forex forexsignals forextrading harmonicforex harmonictraders priceaction priceactionanalysis profit
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trendanalysis harmonicpatterns chartpattern dxy forex forexsignals forextrading harmonicforex harmonictraders priceaction priceactionanalysis profit
Pair: EURJPY
Timeframe: 4H
Analysis: Round number level, trend line, volume profile , support and resistance, pennant pattern, ascending triangle
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Key Takeaway: Seen price obey to this support trend line for a long time and we are starting to squeeze more and more against dynamic resistance, we are waiting for another bounce off resistance level before entering short
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Level needed: need a close by 144.00
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Trade: SHORT
RISK:REWARD 1:6
SL: —
TP: —
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