there is a considerable possibility to short at the moment. looking at the existing pattern, it could be that wave 2 has formed, you can short with SL restrictions above the invalid area.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
We can see eurjpy breakout the big consolidation as well
and now he just making some pattern like bearish flag
so we can see on my chart
i will waiting for third touch for bearish flag or waiting bearish flag at lower timeframe to execute
the clear chart might can reversal as well
thankyou
As i see this pair is rejection from resistance levels and we are selling this from key levels with a small risk and higher rewards
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EURJPY quick analysis..
many outcomes.
await a breakout of the consolidation zone being formed..
patience is key, lets see what the markets give up
cheers..
