FUNTRADER-Vera
Short

1501 EURJPY down for a correction

FX:EURJPY   Euro / Japanese Yen
EURJPY is our old signal that closed with TP1 hit, 90 pips profit.
That signal used the green channel to find out an opportunity to long it to the EXT fibo 1.27 position.

Now the green zone seems like a valid R/S zone that could stop it rising more before making a correction, the red arrow.

If the channel can support it again from dropping out the bottom line, EURJPY could rise up gain, following with the green arrow up to 123-125.

Good luck!!!
LESS IS MORE!
Jan 15
Comment:
Jan 15
Comment: The signal above has been closed with TP1 hit , 90 pips profit.
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