NTrading
Short

EURJPY Break to the bottom!

FX:EURJPY   Euro Fx/Japanese Yen
95 1 3
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!
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.
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
Very good setup!
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out