TradeYodha
Short

Possible EURJPY Short Trend Follow (Fib, ABCD, SMA, RSI)

FX:EURJPY   Euro / Japanese Yen
@TradeYodha
TradeYodha.com
(Just my ideas, do you own analysis)

Possible EURJPY             Trend Following Short Opportunity

1. Underlying Trend is Short. It has reached a particular level where it may try to retest previous highs (there is a counter trend opportunity as well)
2. 78.6 fib at the previous high
3. 10 SMA and 50 SMA are lagging behind and around the same area as previous high. Price may try to reach back to them.
4. If the price gets overbought at this area, we may have a short opportunity. Look for double top , rsi divergence oir 2618 opportunity
still consolidating around entry area
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out