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ProSignalsFx
Jan 19, 2021 3:00 PM

🏛EUR_JPY WILL FALL FROM RESISTANCE↘️SHORT⏬ Short

Euro Fx/Japanese YenFXCM

Description


☑️EUR_JPY made a pullback to the broken rising key level
After the breakout from the bear flag pattern
Now, I expect the resistance confluence to stand strong
And for the pair to fall back to the low of the breakout
With the potential of going even lower
As the high of the bear flag stands below strong daily resistance
So the upside is quite limited while the downside is not
SHORT!↘️

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Comment

Target 1 reached!

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Target 2 reached!
Comments
KlejdiCuni
Great technical setup, well done!
FXCM
thanks for sharing! this is what I see on EURJPY:
TheSignalyst
I am also looking for a bearish movement from here!
ProjectSyndicate
seems strong so far today. I'd give it a bit more space to pump before shorting.
ProSignalsFx
@ProjectSyndicate, yeah, possibly!
FXtrades-gp
Amazing view, I’m confident with a bearish scenario, I’ve just closed my long position with +60 pips and waiting for a possible short setup
ProSignalsFx
@FXtrades-gp, yeah, thanks!
ProSignalsFx
What do you think!
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