VishalBudhrani

EURJPY End of Bull Run! Let's go Shorting. {31/07/2023}

Short
VishalBudhrani Updated   
FX:EURJPY   Euro / Japanese Yen
Educational Analysis says EURJPY may go Short according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why Short?
Because Jpy fair value gaps are unfilled in a 1- hour time frame.
Although last week EURJPY proved that, It's Changing its character and Also Sellers proved that the Market structure shifted and eventually lead to a Break of Structure.
The Rectangle box is the Order block

Analytical Trade would probably be
Sell limit order at 157.850
Stop loss at 158.90
Take profit at 151.356.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Trade closed: stop reached

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.