EURJPY Sell Idea

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On the H1 chart there was a triangle pattern that was broken to the downside. I expect the price to continue lower so I will be looking to join this bearish move. Here is an idea for a sell:

Technical Analysis:

H1 – triangle

M15 – trend line and hidden bearish divergence

Entry:

Look for bearish candle pattern now that the price is near the resistance zone and the down trend line.

Targets: Aim at least last support zone as first target and leave the other part of the trade running.

ej m15

Yours,

Vladimir

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