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EURJPY Potential Bearish Shark Formation and Short Opportunity

EURJPY Potential Bearish Shark Formation and Short Opportunity

Published:09-14-2018

Pair / Instrument: EURJPY

Time Frame: H1

The trend in the Timeframe: BULLISH

The trend in the Daily Chart:  BULLISH

Description: We see a potential bearish shark harmonic pattern formation on the H1 Chart. A bearish correction is predicted at D.

Trade Based On: Bearish Shark Harmonic Reversal Pattern

Accuracy: %90

Recommended Lot Size: 

Trade:SHORT

AREA OF THE ENTRY: 131.250 – 131.350

STOP LOSS : Above 131.600

TARGET 1: 130.800

TARGET 2: 130.300

 

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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

 

 

EURJPY Bearish Shark: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibilit

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