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Foralex
Jul 8, 2017 7:47 PM

EUR/JPY : Bearish setup **  Short

Euro Fx/Japanese YenFXCM

Description

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 !! :)


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Comment

Triple target , ( red line ) .
Breakeven when first is hit .
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