Euro / Japanese YenShort
EURJPY Potential Sell?
Updated
Gday Guys. How you are guys doing?
Today let's analyze EURJPY
As projected previously, this pair forming a bearish trend. Let's see what trading idea we might able to pocket in EURJPY.
We looking for a short position waiting for the market to pull back from the previous drop reaching 131.800 to 131.900 zone. This will be our possible entry with 21 Pips Stop Loss and the target profit will be 161 pips.
I expecting rejection will create on the current zone which is by referring to the left side.
Let's see what happens next.
Today let's analyze EURJPY
As projected previously, this pair forming a bearish trend. Let's see what trading idea we might able to pocket in EURJPY.
We looking for a short position waiting for the market to pull back from the previous drop reaching 131.800 to 131.900 zone. This will be our possible entry with 21 Pips Stop Loss and the target profit will be 161 pips.
I expecting rejection will create on the current zone which is by referring to the left side.
Let's see what happens next.
Note
SL Hit. Reentry SELL
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