Euro / Japanese Yen
Short
Updated

EURJPY - Potential Short

175
Pair: EURJPY
Position: Short

If pair closes below ascending trend line, i can see a nice shorting opportunity.

**This is for guidance purposes only, please trade using your own analysis and rules.
Note
Price has closed BELOW ascending trend line. Will now wait for retest to confirm.

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Trade active
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Note
Starting to see some downward movement, if pair closes below 129.110(ish) mark, i could see pair shorting to 127.xxx or lower.

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Note
Moving as expected. Waiting for retrace before we see another big drop. Potential for another sell or buy retrace...or both if you like to live dangerous.

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Note
Aiming for around this area for a pullback before we start the movement down again.
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