Fxprotrader
Short

EURJPY Sell Opportunity At Key Resistance Level

FX:EURJPY   Euro Fx/Japanese Yen
4 months ago
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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4 months ago
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..!
4 months ago
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.
4 months ago
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
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xadiq
4 months ago
Quick and easy pips. Thank you!
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xadiq xadiq
4 months ago
TP2 reached as well and beyond.
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Fxprotrader PRO xadiq
4 months ago
:)
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CARAT
4 months ago
wonderful thx you
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Fxprotrader PRO CARAT
4 months ago
You are welcome
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TNS109
4 months ago
Thank you very much
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Fxprotrader PRO TNS109
4 months ago
You are welcome
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CezaryS
4 months ago
Could you explain me more clearly what do you mean, I am new and do not catch everything.
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Fxprotrader PRO CezaryS
4 months ago
About what?
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CezaryS Fxprotrader
4 months ago
what does it mean trailing and when would be point to come in with Sell? and which is lower parallel
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Fxprotrader PRO CezaryS
4 months ago
Too many questions ;) Trailing means to move your stoploss as price moves deeper in profit to secure bigger returns. You shouldn't watch for any sell at the moment. you should wait for a correction before selling. The lower parallel is the lower trendline of a median line set (andrews pitchfork). i hope this helps!
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CezaryS Fxprotrader
4 months ago
yes, thank you. there is easier to understand.
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CryptoTraderOne
4 months ago
Thanks for profit.
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Fxprotrader PRO CryptoTraderOne
4 months ago
You are welcome
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TAJ249
4 months ago
Nice. Good result.
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Fxprotrader PRO TAJ249
4 months ago
Thank you
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Technician TOP
4 months ago
Great calls.
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Fxprotrader PRO Technician
4 months ago
Thank you
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Dguaman
4 months ago
Awesome chart ! is a shame that i couldnt get in ! but thank you !
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Fxprotrader PRO Dguaman
4 months ago
No problem with that.. More setups are coming..!
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