Short: EUR/JPY
Updated
The daily chart looks like the price has bounced off a 5 times tested resistance line.
4Hr chart has crossed through a 200 day SMA confirming a bearish trend
4Hr bearish confirmed by passing through ichimoku
1Hr stochastic RSI signal lines are about to cross and indicating a price reversal... the % lines are also near the 50.00 range
It looks like the price has pulled back and now ready to tank
Entry: 123.695
SL: 124.427
TP1: 122.601
TP2: 122.148
4Hr chart has crossed through a 200 day SMA confirming a bearish trend
4Hr bearish confirmed by passing through ichimoku
1Hr stochastic RSI signal lines are about to cross and indicating a price reversal... the % lines are also near the 50.00 range
It looks like the price has pulled back and now ready to tank
Entry: 123.695
SL: 124.427
TP1: 122.601
TP2: 122.148
Trade closed: target reached
Hit TP1 (105 Pips)Trade closed: target reached
Trade closed at 122.939 (75 Pips)Disclaimer
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