Euro / Japon YeniSatış
EURJPY - Bearish confluence!
Lots of confluence pointing towards shorts on this pair looking at the H1 TF.
Technicals:
- Rejection of s/r zone in line with rejection of 200 EMA
- Price action - hanging man/shooting star followed by strong bearish engulfing
- Potential rejection of 118 psychological level
Fundamentally I'm assuming we will continue to see a pressured Euro considering the Coronavirus situation in Italy (being a major economy) and refused EU bailout, which along with our technical bias may push this pair further south.
Nice intra-day set up with good R:R, >1:4
Technicals:
- Rejection of s/r zone in line with rejection of 200 EMA
- Price action - hanging man/shooting star followed by strong bearish engulfing
- Potential rejection of 118 psychological level
Fundamentally I'm assuming we will continue to see a pressured Euro considering the Coronavirus situation in Italy (being a major economy) and refused EU bailout, which along with our technical bias may push this pair further south.
Nice intra-day set up with good R:R, >1:4
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.