Foralex

EUR/JPY : Bearish setup **

Short
Foralex Updated   
FX:EURJPY   Euro / Japanese Yen
Hey guys !
Here is a really good setup on eur/jpy with alot of accumulation resistance in a small zone .

- Fib 50% based on 5 years min/max
- Fib 61.8% based on 3 years min/max
- triple weekly trend ( nice resistance )
- 2X 161.8% fib
- Rsi overbought from W1 to H4 .
- Monthly resistance zone

I will give a signal from my custom system later ( overbought W1 to m30 ).

Wait for reversal sign

Have a good weekend !! :)


Follow me for more amazing setup
Comment:
Triple target , ( red line ) .
Breakeven when first is hit .
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.