EURJPY: 4 Hour Potential Double Top and/or 2618

FX:EURJPY   Euro / Japanese Yen
For those looking to get short the EURJPY             we have a potential double top and/or 2618 opportunity setting up. Looking left, price action has made its way back into a previous level of consolidation where the bulls were rejected and are now looking to test for a second time.

The two trading opportunities that exist at this level are a double top sell at the candle close, or a 2618 for conservative traders looking for proof of a hold and a retest.

We've got our morning Warroom meeting at 8:30 (NY) then I'm getting ready for an awesome training lesson this morning at 9am on position sizing and trend continuation trading. Good luck out there in the markets this week.

Akil Stokes
Chief Currency Analyst & Head Trading Coach
http://www.TradeEmpowered.com -The Premier             Online Trading Education Company
YouTube https://goo.gl/Afk5sG
Face book: https://goo.gl/VTQngr
Twitter: https://goo.gl/FlH33l
You Can Also Follow Me On Instagram, Periscope & StockTwits @AkilStokesRTM
Trade active
Trade closed: target reached
Here's A Free Training Lesson for you on "The Only 3 Ways to Trade"

500+ Free Trading Videos

Check Out The Trading Coach Podcast!
Nice to see that i have improved my RAS, and yes the C to D leg i longer that B :) This is my prediction :)

+1 Reply
Nice thought
Mberg Akil_Stokes
Thanks :)
Good post! 150 pips
+1 Reply
Akil_Stokes JurgenSterk
thank you
Cha-ching ! You're on a roll this week !
+1 Reply
Akil_Stokes Nico.Muselle
More to the fire...
+1 Reply
Thanks for sharing
it makes sense...but if you look at the daily we have the .382 around 134.15..its prudent to place your stops accordingly... i like that short 200 pips higher.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out