Euro / Japanese YenShort
EURJPY short entry at current market price
Updated
Hi all,
While going through the charts, I found this entry. I normally dont pay much attention to this pair, but this seems good.
You can see that the price is currently in a potential reversal zone, because of the swong low and the confirmation structure of the last few days. The visual flow of this pair is also rather bearish with its lower lows and lower highs.
Just a small trade, but it looks solid.
Targets are based on structure and fib retracements.
Entry: 126.462
Stop: 127.45
Target 1: 125.134
Target 2: 123.942
Best of luck!
While going through the charts, I found this entry. I normally dont pay much attention to this pair, but this seems good.
You can see that the price is currently in a potential reversal zone, because of the swong low and the confirmation structure of the last few days. The visual flow of this pair is also rather bearish with its lower lows and lower highs.
Just a small trade, but it looks solid.
Targets are based on structure and fib retracements.
Entry: 126.462
Stop: 127.45
Target 1: 125.134
Target 2: 123.942
Best of luck!
Trade active
Trade active
Target 1 hit.Moving stop to break even.
Trade closed: stop reached
+ 130 pips
Related publications
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.