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Eurjpysignal

EurJpy can drop 500 pipsTwo days ago I said that EurJpy could correct some and reach 130 zone. However, the pair looks very weak and seems like a break of support is imminent. Looking at a longer TF, we can see that the pair has formed a very large double top starting from April, and a break here would confirm the pattern. I'm bearish this pair and I think that the 500 pips target from the double top will be reached in medium term. Sell rallies can be a good strategy and EurJpy above 130 would negate this scenario
Short
by Mihai_Iacob
2
EURJPY - 4h - Análisis SemanalRisk 1% of your account equity. SL 129.400 TP1 128.000 TP2 127.468 TP3 127.136 Traders, if you like this idea or have your own opinion about it, write in the comments. Patience, Discipline and Good Trade! KISS: Keep It Simple Stupid. LCCJ ................................................................................................................................ Arriesga el 1% del capital de tu cuenta. SL 129.400 TP1 128.000 TP2 127.468 TP3 127.136 Traders, si os gusta esta idea o tenéis vuestra propia opinión al respecto, escribid en los comentarios. Paciencia, Disciplina y Buen Trade! Manténgalo simple y estúpido. LCCJ
Short
by LCCJ