Get started
HayatoDragonFX

EURJPY, 4hr tf, sell on confluence of resistance

Short
Euro / Japanese Yen (FX:EURJPY)  
HayatoDragonFX  
FX:EURJPY   Euro / Japanese Yen
Support and Resistance Supply and Demand Elliott Wave EURJPY eurjpyshort eurjpyforecast elliottwaveprojection elliottwaveforecasts priceaction priceactiontrading eurjpysell
3
0
supportandresistance supplyanddemand elliottwaves eurjpy eurjpyshort eurjpyforecast elliottwaveprojection elliottwaveforecasts priceaction priceactiontrading eurjpysell

Last pair for JPY crosses is EURJPY.
It is now on area of confluence resistance. Not only horizontal resistance but also EMA-50. If you draw fibonacci retracement from ii to iii you will see we're around 61.8 fibonacci retracement as well.

Check my NZDJPY and AUDJPY sell setup as well if you follow this.

Sell EURJPY 132.15
Stop loss 132.70
Take profit 129.70 (4.45R)

Use only 1-2% risk
Good luck

Related Ideas

HayatoDragonFX
NZDJPY, 4hr tf, sell the hidden bearish divergence
HayatoDragonFX
AUDJPY, 4hr tf, textbook example of Elliott Wave
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.