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JamesZhang
Mar 2, 2016 3:15 AM

[SHORT]EUR/JPY Was Resisted by 200 Days' MA Short

Euro Fx/Japanese YenFXCM

Description

  • As you can see from the chart, the price was just resisted by 200 days' MA, and it's struggling between 100days' and 200day's MA.
  • However, I am more inclined to short it in 1H's chart.
  • I opened my short oder at 123.880 of Fibo 61.8% retreacement, look forward to 23.6% retreacement.
  • To be continued.

Trade closed: stop reached

The SL was a problem.
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