EJ wait for consolidation then sell

Short

Euro / Japanese Yen (FX:EURJPY)

Updated

FX:EURJPY Euro / Japanese Yen

chartpattern trendanalysis waveanalysis eurjpy

EJ is overbought and crossing the major resistance, the previous highest high is make it weaker, we can use a small size enter it then once the drop signal shows, we scale in.

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Comment:

Wait for another bounce or see it drop below the support, we sell with the fixed size, do not scale-in at the moment.

Trade active:

Entered.

Comment:

Move your SL with profit :)

Comment:

Time to scale in!

Comment:

I was In and Out 3 times and got good profits.

Comment:

reetner it again.

Trade closed: target reached

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