EURJPY Break to the bottom!

FX:EURJPY   Euro Fx/Japanese Yen
95 1 3
a year ago
EURJPY             just broke(?) structure few hours before Friday close. We need to see a retest of trendline and then short it.
So we will wait to see a retest (it can happen during Asia hours since JPY is Asia currency) and then take the short.

However be careful in case it start trading to the top of the upper trendline , maybe breakout is fake. If i am in front of my monitor i will update during breakout.

This is just my opinion, i hope you enjoy it!
Thank you!

I wish you a profitable week!
a year ago
Comment: So far we have not seen an impulse yet, so we need to be very careful. because it can change whole structure for an break of the top trendline.
a year ago
Comment: Break to the bottom is not active yet, it is not valid. Because we did not take an impulse and then correction. It was like we are getting small candles to the bottom. Breakout to top or bottom is still active

Related Ideas

a year ago
Very good setup!
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out