EURJPY - Swing Sells ⬇️
Price aggressively pushed away from the key round psychological number of 140 and created a head and shoulders formation.
The majority of traders who missed the breakout will have attempted a sell at the EQH's - they have now been liquidated.
The only liquidity that remains is the sellers with stops above the right shoulder.
I am observing price action around this area, depending on the daily close I may initiate a swing sell.
Hopefully, you enjoyed this analysis, give it a thumbs up 🧠
The majority of traders who missed the breakout will have attempted a sell at the EQH's - they have now been liquidated.
The only liquidity that remains is the sellers with stops above the right shoulder.
I am observing price action around this area, depending on the daily close I may initiate a swing sell.
Hopefully, you enjoyed this analysis, give it a thumbs up 🧠
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.