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EUR/JPY: Nice selling opportunity!
Euro / Japanese Yen
Short
EUR/JPY: Nice selling opportunity!
By SwissPips
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Updated
Jul 17, 2018
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Jul 17, 2018
Hey guys,
New idea!
Please check it out and comment/like if you appreciate it.
Best,
Jesse
Jul 17, 2018
Comment
1H VIEW
Jul 17, 2018
Comment
I think the trend line is pretty clean and defined for once!
Jul 17, 2018
Comment
I will from now on put the TRADING PLAN directly on my ideas/screenshots it will be easier for everybody.
The trading plan for the pair: wait for the price to break previous low (131.400) and short it to 130.90 which is basically the next support level.
Trade with care.
Best,
Jesse
Jul 17, 2018
Comment
Jul 17, 2018
Comment
It is important to wait a break of former support before shorting it
Jul 18, 2018
Comment
Jul 18, 2018
Comment
The pair bounced from the former support zone. No trade yet, the pattern is forming.
Jul 18, 2018
Comment
Looks like we could have a nice H&S pattern in play. Currently testing the neckline
Jul 18, 2018
Comment
Jul 18, 2018
Trade active
Trade was activated at 131.400
Jul 18, 2018
Comment
Jul 18, 2018
Trade closed: target reached
BOOOM I hope you guys made some nice pips on this one
Jul 18, 2018
Comment
Initial target of 130.900 could have given you 50 pips for this trade. Do you guys like this style of interactions ? With the trading plan?
Bearish Patterns
Chart Patterns
EUR
EURJPY
Forex
fx
jpy
SELL
short
trend
Trend Analysis
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