Euro / Japanese Yen

Short

EURJPY hit Resistance

Updated

New short entry setup for side-way market.
Target : Near fibo level or 128.00 or median line.

Trade closed: stop reached

Probably harmonic wave in progress - Butterly, Gartley or whatever, I don't know. Anyway, they will form a new price structure for trader to study and take action.

Note

I just draw for a fun only as I'm not harmonic wave fan. I maybe wrong.

snapshot

Note

Note to myself: If we look at Daily TF, the trend still clearly bullish. Maybe this is the reason the trade made at H4 failed to materialized. I may conclude that the trend at H4 is sideway. Trend not clear.

snapshot

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