EURJPY overbought, looking to sell once we have a confirmation.
Indicators:
1. In large resistance area.
2. Weekly RSI in sell zone.
Entry:
Wait for bearish candlestick close under up trend line to confirm downside movement.
1. Enter at candle close below uptrend line around area 124.20 area
2. Enter at retest of backside of uptrend line around 124.70 area
TP 1 @ 123.00
TP 2 @ 122.55 uptrend line (green)
Good luck trading!
Let me know how I can help.
Charles V
cvfxmanagement.com
Trading made simple.
Indicators:
1. In large resistance area.
2. Weekly RSI in sell zone.
Entry:
Wait for bearish candlestick close under up trend line to confirm downside movement.
1. Enter at candle close below uptrend line around area 124.20 area
2. Enter at retest of backside of uptrend line around 124.70 area
TP 1 @ 123.00
TP 2 @ 122.55 uptrend line (green)
Good luck trading!
Let me know how I can help.
Charles V
cvfxmanagement.com
Trading made simple.
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.
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.