EUR/JPY Massive Movement End , Bearish Control Now ?

Apr 17

Here Is My 30 Mins EUR/JPY Chart , as we see after this massive movement to upside without any corrections finally we have a bearish price action and we have a very good closure below our Last support , now this support broken and we have a very strong bearish breakout 30 Mins candle that confirmed the price will continue to downside at least For 100 Pips , so we can enter a sell trade when the price go up a little to retest the broken support and new res and targeting the next support @ 186.250 cuz maybe we will see a reversal movement when the price reach this support or before touch it , so we can targeting 100 to 200 pips and using a decent stop loss , if we have a daily closure above my old support this idea will not be valid anymore .

Reasons To Enter :

1- Perfect Breakout .
2- Clear Bearish Price Action .
3- Bigger T.F Giving Good Bearish P.A .
4 - Perfect 30 Mins Closure .

Apr 22

Trade active

The Price Touch Our Sell Area And Moved +40 Pips

Apr 23

Trade closed: target reached

The Price Moved Perfectly +70 Pips , i think it will continue to downside

Apr 30

Note

The Price Continued To Downside For More Than +380 Pips