jackmyattFX

EURJPY KEY AREA BUY/SELL ZONES

FX:EURJPY   Euro / Japanese Yen
593 3 24
KEEPING THIS ONE REALLY SIMPLE ON 4H
-BREAK AND CLOSE ABOVE THE TRENDLINE ON 4H IS A LONG OPPORTUNITY
-IF YOU WANT TO BE ABIT MORE PATIENT WAIT FOR BREAK AND CLOSE OF 118.00 THEN GO LONG
-IF WE SEE REJECTION HERE WE WILL BE LOOKING FOR THE NEXT WAVE DOWN
-THIS IS THE KEY AREA SO KEEP YOUR EYES ON IT AND DONT MISS THE ENTRY
-POSSIBLY A MINI HEAD AND SHOULDERS APPEARING AND THERE COULD BE A DOUBLE TOP BEFORE IT DROPS IN WHICH CASE IF YOU ARE AN AGGRESSIVE TRADER JUST KEEP YOUR STOPS TIGHT
Trade active: Im Short
Trade active: Holding....be patient
Comment:

Short proved to come in nice on this one.....Respecting the trendlines nicely
Great!! where is your stop loss?
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