piphunters
Short

EURJPY: Sell breakout and expect huge impulse down!

FX:EURJPY   Euro Fx/Japanese Yen
854 12 29
6 months ago
The pair has broken out of a smaller degree correction and is heading down where we meet the bottom trend line of the current channel it is in, any break down of this channel is likely a huge impulse which will see the pair heading south in the coming days!
6 months ago
Comment:
snapshot
6 months ago
Comment: we have plenty of room to the downside!
6 months ago
Comment: IMPORTANT: The setups posted here are not trade calls or signals and are intended for informative purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit www.thepiphunter.com and subscribe.
If you would like to get all my setups together with exact entries and exits with please visit www.thepiphunter.com and subscribe.
mlbo
6 months ago
what about the horizontal restistance? 121.70 to 121.40 do you only trade the channel breakout?
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piphunters mlbo
6 months ago
I don't know about resistance since I don't trade S&R but of course there are underlying factors in deciding direction apart from BO too. If you are in it good luck!
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BLUE43 TOP
6 months ago
let see where it goes
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piphunters BLUE43
6 months ago
let's see!
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URIFX
6 months ago
Perfect!
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piphunters URIFX
6 months ago
thanks
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TimStuyts
6 months ago
Nice call I'm with you and seems like my long term analyses is still correct. Great pair for coming months if you ask me. Good trading to you!

EURJPY the buy will come but not yet.
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piphunters TimStuyts
6 months ago
yes! good trading and thanks
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BOTMAN
6 months ago
BO = Buy order?
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piphunters BOTMAN
6 months ago
break out
Reply
BrunoSalles
6 months ago
Nice analysis. Thanks!
Reply
piphunters BrunoSalles
6 months ago
you are welcome
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