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jojofang0901

EURJPY Reversal price action for the sell

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Euro / Iene Japonês (OANDA:EURJPY)  
jojofang0901  
OANDA:EURJPY   Euro / Iene Japonês
Chart Patterns Double Top or Bottom Pennant priceaction structure patern impulse correction FLAG Parallel Channel
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chartpattern doubletoporbottom pennant priceaction structure patern impulse correction flag parallelchannel

Hi traders:

EURJPY is shaping up to be a good reversal sell from the top.

We see a higher time frame double tops, and price has correct itself up within an ascending channel.

Latest price showed us a LTF push down, and potentially forming a continuation correction to go lower.

I would wait for a clean small LTF continuation correction to develop and complete before looking for a stop entry order to the previous lows as a first potential target.

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