EURJPY BEARS TO TAKE OVER

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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EUR/JPY What's next!?


As we can see price is still around our previous major highs, where the price failed to break above to form a new higher high again,

Then we will be looking for new bearish movement as a correction movement as we did before!

Meanwhile from a shorter-term perspective, price is still bullish, and price formed a new swing low, then for the bears to kick in we need a momentum candle close below our swing low then a movement lower would be expected.


And as usual, (1-2) Risk to Reward Ratio from a risk management perspective.



If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!
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