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HayatoDragonFX
Jun 23, 2021 12:42 AM

EURJPY, 4hr tf, sell on confluence of resistance Short

Euro Fx/Japanese YenFXCM

Description


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
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