zcsniper

Chart of the Day, heavy short opportunity.

Short
FX:EURJPY   Euro / Japanese Yen
Taking a close look at EURJPY, noticing a double top formation around 148.8 showing lots of resistance around 148.80 – 149.15. Noticed the first breach from Fibonacci Retracer indicating that 147.15 was our major signal for a dip in this market. We were lucky enough to catch this before it made a huge movement from 147.15 to 146.20. Still open as a short position and will be closing at 145.70

Posted this early during the day. near my profit margin so I'm happy to head off to bed now.

zero-value.com/chart-of-the-day/ (link for proof)

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