MattWalz
Short

EURJPY - SHORT

FX:EURJPY   Euro / Japanese Yen
48 0 3
After seeing price action on the daily time frame as an engulfing candle following Thursday's high test candle, I will be looking for a pullback before selling the continuation downtrend. Price has shown the 38.2 fib offering key support in the past. I will be looking for a 50ema/38.2 bounce in the blue PRZ box. My first TP will come in at the previous LL with my 2nd TP set above the 127.2 extension.
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