Euro / Japanese YenShort
EURJPY-bias short
Updated
pair has made double top formation from the resistance and trend line support is broken, MA 200 and 21 confluences to short position. It also forming head and shoulder in weekly time frame where the right shoulder can be formed in this week towards the price 156.42.
Shooting star candle from the resistance at 164.91
MA 21 is crossing over 200 in 2 hr time frame.
price has respcted fib level 0.5 from the retracement fall.
Trade plan bias short @ 162.27
SL:163.8400
TP1 : 160.570
TP2:159.141
Shooting star candle from the resistance at 164.91
MA 21 is crossing over 200 in 2 hr time frame.
price has respcted fib level 0.5 from the retracement fall.
Trade plan bias short @ 162.27
SL:163.8400
TP1 : 160.570
TP2:159.141
Trade active
TP1 HIT & SL to BE 
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