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Gordon_Chow

EURJPY / 1D / Breakout after multiple Support retest

Short
Euro / Japanese Yen (OANDA:EURJPY)  
Gordon_Chow Updated   
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns EURJPY gorestreet gorestreetideas breakouttrading breakout
14
6
trendanalysis chartpattern eurjpy gorestreet gorestreetideas breakouttrading breakout
2018-5-23

1. Market has tried to push pass 1.2938 Level but failed 3 times (Yellow)
2. Finally, Price breaks below the support
3. We are looking to Short when the price retest the structure resistance (Blue Zone) for a better RR

Stop Loss above previous structure High (Red Arrow)
Targets as indicated
Comment:
snapshot

Price rejection right inside the Resistance Zone (Blue)
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