BeFX
Short

EURJPY - Too many reasons not to be short on EURJPY.

FX:EURJPY   Euro / Japanese Yen
282 9 9
Look at the chart. Indicators are screaming (MASSIVE Overbought) and begging to go to the downside! ...with clear Daily downtrend.
Fresh thoughts are very Welcome :)
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Comment: What's next?
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Title says there are too many reasons for not being short, while description and chart says short.
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BeFX TheZabisyu
@TPparadigma, You're right. I'm sorry for misleading title.
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Very nice idea mate Good Luck ya. i think we should wait for impulse down before any entry ya.
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BeFX Wave-Trader
@Wave-Trader, Thank You very much. Of course it is not trade call! We are waiting for the impulse :)
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@BeFX, Thanks for your hard work mate and good luck to you.
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Uptrend seems strong now, and we just broke and closed on the upside of the weekly downtrend last Friday, supported by strong volume. So be careful with shorts.
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BeFX Marcelinosilva
@Marcelinosilva, Great idea. We will se if that will be impulsive move!
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