EUR/JPY Breakdown Setup – 30M Chart
We’re seeing signs of an uptrend breakdown on EURJPY. Price is currently testing support zones with bearish momentum building.
Entry: 162.300
Second Entry (if price retraces): 162.400 (DEMA support)
Targets:
1st TP – #162.100
2nd TP – #161.800
3rd TP – #161.300
4th TP – #160.900
Bias: Short
Time Frame: 30 Minutes
Note: Watch price action around the 162.400 zone – failure to hold could accelerate the downside move.
Trade safe and manage your risk!
We’re seeing signs of an uptrend breakdown on EURJPY. Price is currently testing support zones with bearish momentum building.
Entry: 162.300
Second Entry (if price retraces): 162.400 (DEMA support)
Targets:
1st TP – #162.100
2nd TP – #161.800
3rd TP – #161.300
4th TP – #160.900
Bias: Short
Time Frame: 30 Minutes
Note: Watch price action around the 162.400 zone – failure to hold could accelerate the downside move.
Trade safe and manage your risk!
Trade active
Note
1st target hitNote
2nd target hitNote
3rd target hitTrade closed manually
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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.
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.