ikunisawa
Short

EURJPY D1 BEARISH Price Action

FX:EURJPY   Euro Fx/Japanese Yen
382 2 1
** Trading Journal Use Only **
Shorting EURJPY             at Strong Weekly resistance.
Daily pin bar price action signal
Entered at 50% retrace of that pin bar formation @ 139.30
SL above pin bar high at 139.77. Risk 47 pips.
TP1 around for minor structure around 137.50s
TP2 possibly lower depending on price action.
its bearish now
Reply
I would question your use of the word bearish when, on your chart, this has been in an up trend since April. Thus,
what you are labeling as "bearish" to the up trend is only a change from Bullish to Neutral. Bearish price action is yet to show itself.
Reply
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