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yoosnoop
Jul 19, 2015 8:43 PM

eurjpy daily short setup. 

Euro Fx/Japanese YenFXCM

Description

I'm already short from 135.7 . HOWEVER, 61.8 of the last swing high. retest of the bearish channel. Head and shoulder pattern imminently completed. as for me, this is a long term short. target is the 126. swing low. stops above the blue zone at 136.50. expecting a pullback at 131.250 to head and shoulders neckline. potentially gonna add another entry after the retest.
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