EURJPY - 4H Short term Bearish ideaThe price faces move up due to three black crows and bearish divergence.
Eujpysell
EUR/JPY Short Trade UpdateHey Guys!
As you guys know, the assumed weekly bias was short. Or in other words, price is likely to reach 114. 40 before reaching 133.68. (Though the main target has changed. Explained in the video.)
However, due to long confirmation forming on the 1h chart for the last 2 weeks, I did not take any further short entries. That said, I did take a loss of -$1800 from the initial short entry I took about 1 month ago.
In this video, I explain what I learned from the loss and moreover my outlook for this pair in the coming weeks.
That's it!
Have a great day guys!
Ken
Disclaimer: This is not Personal Financial Advice.
EUR/JPY could DROP NOW!Hey tradomanias,
looking at correlations, EUR/USD and JXY aswell as the current risk-off-tone in the stockmarket it is likely to see EUR/JPY going down after the fakeout above a key-resistance.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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