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pejman_zwin
May 5, 2023 2:50 PM

EURJPY broke the uptrend line in the 🔴Heavy Resistance Zone🔴 Short

Euro Fx/Japanese YenFXCM

Description

EURJPY managed to break the uptrend line in the 🔴heavy resistance zone🔴 with a breakout candle.

EURJPY is currently pulling back to the uptrend line.

I expect EURJPY to break down to at least the 🟢support zone🟢.

Also, I shared a short position with RR=2.86 with you, but be sure to trade according to your own strategy, and don't forget capital management.

🔅Euro/Japanese Yen Analyze ( EURJPY ), 4-hour time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

Comment

The trigger of this position: 147.920 JPY

If EURJPY stabilizes above the uptrend line, the position will be canceled.

I will update you.
Comments
melikatrader94
Thank you for sharing your analysis. Well done
pejman_zwin
@melikatrader94, Thanks for your thoughtfulness.🤩
ChristTrader
Thank you for your analysis
pejman_zwin
@ChristTrader, You are welcome, thanks for the comment,
Amiiin_60
Thanks for your idea
pejman_zwin
@Amiiin_60, You are welcome Amin.🙏🌹❤️
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