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paintek

Short opportunity: EUR/JPY reached resistance zone

Short
Euro / Japanese Yen (FX:EURJPY)  
paintek Updated   
FX:EURJPY   Euro / Japanese Yen
Technical Indicators Chart Patterns Trend Analysis
2
0
indicator chartpattern trendanalysis
EURJPY reached resistance zone. RSI and Stochastic RSI are in the overbought area. I am expecting a bearish reversal here on the H4 and D1 charts as well.

Entry strategy: wait for a bearish confirmation candle which cross below 130.75


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Trade active
Trade closed: stop reached:
Hit stop loss. The ascending trend line gave strong support.
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