Euro / Japanese YenShort
EURJPY H1 Shorts
Updated
EURJPY H1 Sell setup/shorts. Price trading close to key resistance zone on H1 TF. Momentum running out, price might attempt a double top and test previous high before declining. Insert sell limit @ 125.050 - 100. Sell at current market price 124.950 - 850. Applying proper risk management. Tp1 @ 124.700 Tp2 @ 124.500 SL @ 125.200
Note
shorts invalidated.h1 breakout. Eurjpy currently trading above 125.150. look for shorts at price rejection on new high.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.