Fxprotrader
Short

EURJPY Strong Sell Setup

FX:EURJPY   Euro Fx/Japanese Yen
A very strong sell setup is about to be formed. Price has broken a key support level , pullbacked to test it now as a resistance and now moving into a corrective structure. Just wait for a breakout to the down and short this pair. Stoploss should be the previous high wherever this forms and as profit target we should aim for 1.27 of the fib level of the impulsive wave which broke the support level .

Key support level now acting as resistance:

snapshot

FREE Forex Live Trading Room: https://medianlinefx.com
P_Parker
a year ago
Hey, is your Trade still valid?
Price is still in Correction maybe we see a break at the 0,5 or 0,618 Fib. Good Luck!
snapshot
Reply
Fxprotrader PRO P_Parker
a year ago
Yes it's still correcting, so we wait for the breakout to the down..
+1 Reply
AlMak
a year ago
Happy New Year and Christmas
Reply
Fxprotrader PRO AlMak
a year ago
Thank you very much Almak.. I wish all the best to you and your family as well..
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out