Euro / Japanese Yen
Short

200 and 100 MA play about to start shortly

200
Will go short as the Euro get close to the 200 MA and as it reach the top inner trendline.

Have 2 downside targets and roughly a 100 (ish) Stop loss

The MAs is my main compass for this as well as many other trades. Not that I let those be my main compass but people do tend to head for them..so it works nicely.

Happy trading

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.