EUR/JPY Trade Idea

Hello and welcome to my Trade Idea of the currency pair EUR/JPY.

Let's start with the Top Down Analysis.


Monthly: We recognize on the monthly timeframe a strong downtrend with normal pullbacks.

Weekly: The weekly timeframe is bearish too and now we see a push to the upside with 4 green candles in a row. That can be a opportunity for a sell.

Daily: The daily candle closed under the trendline, that`s a good confirmation.


Have a nice day.