jimmy_highwire

EJ big run up paused daily chart

Short
FX:EURJPY   Euro / Japanese Yen
6
38.2 fib confluence at the top of green channel pushed EJ some 650 pips higher in "relative" short term
at the moment PA is back at 50 fib and previous supply

looking for at least a retrace from the furious runup,
very clear where stop loss is to be placed,.... if EJ breaks new highs here (i.e. news on french election pols,... italian banks or airlines) there is still a lot of room to the upside

for now i'm looking to build a short position here
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