Fxprotrader
Short

EURJPY Sell Opportunity At Key Resistance Level

FX:EURJPY   Euro / Japanese Yen
A median line , previous structure and 1.27 fib extention of previous impulsive create a very good resistance level where price already has rejected it twice. That's a good short opportunity. Stoploss and profit targets as shown at the chart. If price reaches the target at first posotion, move your stoploss to breakeven at the second one.

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Trade closed: target reached: We may now move stoploss at second position to BE for a risk free trade. If you wish, you may trail this second position for maximum profits. Good luck..!
Trade closed: target reached: You better trail it guys, i will personally do. As for the my post price reached and my second profit target for a 2.75:1 risk/reward.
Comment: If it close below the lower quartile we should watch for a correction and aim for the lower parallel. If you follow this way use trailing
Awesome chart ! is a shame that i couldnt get in ! but thank you !
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No problem with that.. More setups are coming..!
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Great calls.
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Fxprotrader Technician
Thank you
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Nice. Good result.
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Thank you
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Thanks for profit.
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Fxprotrader CryptoTraderOne
You are welcome
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Could you explain me more clearly what do you mean, I am new and do not catch everything.
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About what?
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