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Eurjpysell

SHORT EURJPYStill Short EURJPY at 136.30, Just zooming in on the chart a bit to give a better idea of what we are seeing. EJ is back below the 136.31 Fibbo resistance as well as below the downward trend line which sits ust above that fibbo lvl. We saw it test both of these levels briefly and is now back below suggesting that the top is in place for now. The support comes at 135.50 is lvl (upward trend line of the triangle, and if we break that, we can see a move to 135 and possibly even to 134.
Short
by WhosPipsAreTheseAnyway
SELL EJ FOR 900 PIPS, MARKET CRUSH!!!From the day timeframe, we can see a perfect head and shoulder from the legs of 7th March, 2022. head got cupped at 138.31/136.78 (not expecting a buy into any of the listed zones above). A sell into 130.100, other way round a possible sell into 125.58/124.40 to complete the second leg! * Price bounce at 133.210 has been completed. Hence it now serves as a breakout price point of sell for EJ!!! --- From the 2H TF, descending triangle formed with a prefect entry. waiting for it to be completed at 125.60 Hence, we're shorting EJ to a RR of 1:7.4, perfect risk to reward ratio! NB: red box--rejection zone blue box--breakout zone yelow box: demand/supply zone
Short
by DAdepa
2
EUR/JPY Short Trade UpdateHey Guys! Just a quick update! As you guys know the current weekly bias on the Eur/Jpy is still 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.) In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I plan to trade this set up in the coming days and weeks. That's it! I'll keep you guys updated! Have a great day! Ken Disclaimer: This is not Personal Financial Advice.
Short
by TradingForexPriceAction
4