EUR/JPY Short IF bounced below the current trend line!
Updated
There's a potential bounce by the shown trend line to be short until 121.8000.
1. Wait for the price to reach 122.5000 at least to make sure if the current bullish move is rejected or not.
2. If rejected, a SHORT position can be opened up to 121.8000.
1. Wait for the price to reach 122.5000 at least to make sure if the current bullish move is rejected or not.
2. If rejected, a SHORT position can be opened up to 121.8000.
Trade active
Price has reached the trend line. watch out now.
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.