*EURJPY SHORT! 1. Sell @Current Price 2. TP @ 3 Consecutive levels. @121.800 / 121.000 / 119.500. 3. SL @ 123.220 or 124.110 if you would like to give it a breathing room.
The price is APPARENTLY retracing back to the bearishing channel upper's line. This retest has 2 scenarios: 1. Might bounce back and go bullish for a while. 2. Might penetrate the channels upper line and go even more bearish. (likely to happen :) but its Forex so nobody knows for sure!) * Short it to 1.04600. ** Trade on your responsibility. *** Follow me to...
Short it if requirements on the chart are met. GL
EURJPY Short if bounced downwards from the current trend line. Watch out the price action on 122.5000. If the current bullish move was rejected, then a short position would be ideal.
1. The previous bullish trend was broken at 117.335 2. Then bounced up to retest the previous high at 117.600 3. First support which is currently R1 was broken at 117.000 4. S1 was tested and it seems to come back again to the same level or breakthrough and continue downward to 114/113 green highlighted price range. Waiting for this downtrend to reach S1 is...
EURJPY Short: Current price need to be watched if rejected by the current trendline.
There's a potential bounce by the shown trend line to be short until 121.8000. 1. Wait for the price to reach 122.5000 at least to make sure if the current bullish move is rejected or not. 2. If rejected, a SHORT position can be opened up to 121.8000.
A beautiful channel has been formed and the last bar closed below a very strong support. Lets see what happens with next Monday's candle. Trump incoming in January might have a very positive impact on the downtrend.
Long from current levels and at least up to 117.800.
Buy from current price with SL @1.7572 and TP @1.7800 As 1st target and 1.7950 as the 2nd target.
Buy from current price with SL @1.7572 and TP @1.7800 As 1st target and 1.7950 as the 2nd target.