PriceActionTrading

$EURJPY SELL AFTER INSIDE DAY BREAKOUT AND 50SMA.

Short
FX:EURJPY   Euro / Japanese Yen
ANALYSIS IS AS FOLLOW
PRICE BROKE OUT OF INSIDE DAY, CONFIRMING RESUMPTION OF DOWNTREND.
SELL AT 50SMA D1 AND 20SMA H4 129.50
ALSO 50% OF BEARISH ENGULFING BREAKOUT BAR
OVERALL EUR IS WEAK

TRADE WILL BE CANCELLED IF NOT MET WITHIN THESE TWO DAYS.
TRADE WILL BE CANCELLED IF 128.00 IS BREACHED WITHOUT TRIGGERING TRADE.
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