eurjpy sell potential

2020년 10월 5일

looking retest previous support structure as resistance on daily timeframe, as well as rejection off the .5 fib around that level , plus when we get to that point which I've circled roughly (purple) we will have ran out liquidity from the sellers catching there stops from where I've put in a solid yellow ray , finally I've circled on the RSI point which I believe when price gets to the desired point which I've circled well have bearish divergence forming there on the 4h timeframe. WATCH STRONG WICK REJECTIONS ON THE TRENDLINE.