Bear-Capital

EURJPY SHORT

Short
OANDA:EURJPY   Euro / Japanese Yen
We are at a key level on the 4H, with the lower timeframes consolidating and turning bearish.
Comment:
I expect a nice push down when the fund rate comes out. We are leaving SL where they are for a cushion. But will move to break even after the initial move.
Comment:
I expect a pullback coming up I estimate it to not go above 156.51-156.84 range I will be moving my SL to 20 pips in profit and will let the rest ride.
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.