Euro / Japanese YenShort
EURJPY short RSI overbought about to touch .786 retracement
- EURJPY made a jump of 80 pips in 4 hours.
- Waiting for Kangourou Tail to form with a high above .786 retracement and close at or below the retracement. Or, wait for Big Shadow to form
- RSI is overbought
Entry :
- Wait for Kangourou Tail or Big Shadow to form then put sell order below the low of it
Exit :
- S/L above high of Kangourou Tail or Big Shadow
- T/P above .382 retracement might change it to .236 afterward
- Waiting for Kangourou Tail to form with a high above .786 retracement and close at or below the retracement. Or, wait for Big Shadow to form
- RSI is overbought
Entry :
- Wait for Kangourou Tail or Big Shadow to form then put sell order below the low of it
Exit :
- S/L above high of Kangourou Tail or Big Shadow
- T/P above .382 retracement might change it to .236 afterward
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