Euro / Japanese YenShort
EUR / JPY - SHORT
Updated
1M
Last month form a bearish engulfing while rejecting the 132.000 key level and breaking through 2 lower key levels. EMA’s are lagging on this time frame.
1W
Past few weeks we have seen price pull up towards the downwards facing EMAs and rejecting. Last week’s candle form a 3 pin formation.
1D
Today closed as a bearish engulfing while rejecting the downwards facing EMAs, you could also say a tweezer top has formed.
4H
Shooting star formed at the top of the bullish trend which was shortly followed by a huge bearish engulfing. This candle crosses my counter trend line and forms the EMA cross over. Key fib level was also reached by the shooting star. Price to break through monthly 128.000 key level.
Last month form a bearish engulfing while rejecting the 132.000 key level and breaking through 2 lower key levels. EMA’s are lagging on this time frame.
1W
Past few weeks we have seen price pull up towards the downwards facing EMAs and rejecting. Last week’s candle form a 3 pin formation.
1D
Today closed as a bearish engulfing while rejecting the downwards facing EMAs, you could also say a tweezer top has formed.
4H
Shooting star formed at the top of the bullish trend which was shortly followed by a huge bearish engulfing. This candle crosses my counter trend line and forms the EMA cross over. Key fib level was also reached by the shooting star. Price to break through monthly 128.000 key level.
Trade closed: stop reached
Stop Loss Hit
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