TradingView
JoeMatkinFX
Jan 7, 2018 3:42 PM

EUR/JPY Short - Pullback down to 134.500? Short

EUR/JPYOANDA

Description

A bearish shooting star candle has formed at resistance (137.000) Along with the RSI showing the market is overbought and 10 and 20 EMA distant from price indicating a pullback would be likely. If price breaks 137.000 this would negate my short term bearish outlook.

ENTRY - 136.000

SL - 137.000

TP - 135.000

RISK TO REWARD - 1:1
More