FullTimeTrader
Short

EURJPY-bouncing from trendline and double top

FX:EURJPY   Euro / Japanese Yen
543 8 11
PD. i chose the inverse entry tool for SL and TP but the idea is clear
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After a bullish correction the price formed a double top .
Then began a bearish move breaking the trendline
Now has rejected from the base of the double top and the trendline .

We have alson a 55 EMA acting as resistance.
The fact the price closed below the important psycho level 1.3000 level gives me another confirmation to take a short.

Regards.
Very similar scenario to what I have
lets roll
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But but ,here broke the 4 month downtrend channel https://www.mql5.com/en/charts/3221623/eurjpy-h4-fxpro-financial-services
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FullTimeTrader aymankkhlifat
Hello, from my point of view that trendline has been already invalidated..........
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aymankkhlifat FullTimeTrader
Good Luck!
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Caution for the upside down enry recomendation.. Its missplaced.
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Indeed, I took the retracement entry.
See you at the lowest high level soon.
Your target is completely achievable.
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good one bro , i think u mean to draw that short position with sl an targets
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