EUR/JPY - Wait for Break

12 במרץ 2022

Monthly:

1. Very strong push to the upside after break
2. The price now face stron resistance

Looks Neutral for now

https://www.tradingview.com/x/OHRbuj47/

Weekly:

1. Double Top
2. Break of strong support level
3. Neckline test with rejection

Looks bearish for the moment.
If see bearish signals on lower timeframe
i will sell.

https://www.tradingview.com/x/i55VSWyL/

Daily:

1. Morning star formation from the bottom
2. Inverted Head and Shoulders pattern

Inverted Head and Shoulders pattern is trend
reversal structure so I will watch carefully what
will happend next week.

https://www.tradingview.com/x/KkUrJ2KS/

4H:

1. Inverted Head and Shoulders

If brake up will be good chance for buy
when pullback for test.

If brake down will be good chance to sell
when pullback for test.

https://www.tradingview.com/x/YkMmVlKG/