Euro/Yen Japanese it's look bearish from this point with high chance to short in this right direction.
Remember that in macrotrend we're bullish, but right now in medium term we see a break in the trend.
What I see a bearish setup in EUR/JPY that could to find down like 150 pips. I entry around $141.37 JPY, Stop Loss to $142.03 JPY (64 pips) and target to $139.88 JPY (151 pips)
I hope that this idea support you
Remember that in macrotrend we're bullish, but right now in medium term we see a break in the trend.
What I see a bearish setup in EUR/JPY that could to find down like 150 pips. I entry around $141.37 JPY, Stop Loss to $142.03 JPY (64 pips) and target to $139.88 JPY (151 pips)
I hope that this idea support you
Trade closed manually
Closed short and keep out of this tradeEURJPY forming a big bullish candlestick
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.