RomanZachary
Short

Rejection from weekly pivot

FX:EURJPY   Euro / Japanese Yen
I went short based on what I see. Volume (that is a FUEL) is bearish both on OBV and AD. Price (that is a CAR) closed below and retested weekly pivot and now its below daily pivot , that is it! Price might stumble at yearly middle pivot support 2 (yearly MS2) at 18.659. That is where I put my TP1 (49 pips, safe target), which is 16 pips above daily pivot support S1 (what I marked green), which would be TP2. TP3 will be blue weekly S1. Tight stop above weekly pivot . No major news in the night as for eurjpy . We are set to go.
Trade closed: target reached: I am banging 33 pips for today with this thing...you dont have to stay in trade for long time. If risk reward had been covered a few times, you can close. Plenty of trade opportunities everyday. 30 pairs.
Trade closed: target reached: We NAILED IT:))
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