Via TradingView Ideas
OPPORTUNITY FOR SELL EURJPY
Euro Fx/Japanese Yen FX:EURJPY
FXstrong
EURJPY still has the opportunity to grow, but now there is a chance to earn a short time by selling,
We have these indicators for SELL opportunity:
- Reflection from the top of the parallel channel (formed since 2022)
- Low volume to continue the current direction
- Resistance zone of last peaks (2007-2008)
- Return/re-test to Year + 6M + 3M + 1M high
We define 3 goals:
TP 1 = 80 pips
TP 2 = 200 pips
TP 3 = 400 pips
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