UnknownUnicorn261897

EURJPY Institutional Short Setup

Short
FX:EURJPY   Euro / Japanese Yen
Hi traders this post is a little bit late as price already hit the 123.5 figure. However this pair is certainly exhausting and we can expect to see some consolidation. There is decent institutional resistance at the 123.5 figure that will protect the downside until broken. Good luck to anyone who takes it.
Trade closed manually:
I got out of this with just over 30 pips...Great trade!
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.