EUR/JPY: Daily Graph: Short Trend and small correction
FIBO 61.8% of the last short move - levels of resistance
Reversal bar on levels of resistance, almost the same as the previous bullish bar
price action: Forex bearish reversal candle pattern: Three inside Down - Negative Signal
Three Black Crowes-trend continuation formation
Price below diagonal resistance
3 EMA moves below 13 and 25 ЕМА - in bearish formation
Indicators:
CCI(50) below 0 - negative signal
RSI moves below 50 - negative signal in bearish trend
Good place for sell after small correction on the 3rd bearish bar around 125.81
SL: 126.60
Stefan D. Angelov - Head of Stocks Trading
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