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Drecocpt_
Apr 27, 2021 3:07 PM

EURJPY WILL CRASHΒ Short

EUR/JPYOANDA

Description

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The EURJPY has been in an uptrend since 13 Dec, 2019. As shown in the chart, the market seems to be in a very large rising wedge which is already getting squeezed. The price is almost at the monthly Trendline Resistance, I am very Bearish on this one and I am looking forward in closing the market with my outrageous stake :). Chill! Use your risk management effectively on this one!
Comments
rer3
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It’s already break daily resistance πŸ₯²
Drecocpt_
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@cipan22, Thanks for the comment, Let watch what will happen!
rer3
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@Drecocpt_ whats your entry and stop loss?
kaushaldayal8
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are you sure? nobody is
Drecocpt_
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@kaushaldayal8, Forex is not set in stone! But at the same time, It is Very Visible this analysis will Work. Have any question? you could send a text!
kaushaldayal8
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yes, But isn't the resistance already broke?
Drecocpt_
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@kaushaldayal8, Let wait and see what happens! Thanks for the comment, Follow for more!
kaushaldayal8
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daily one
kaushaldayal8
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@Drecocpt_ your current position short on this?
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