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Short

EURJPY - Lower Time Frame Short Opportunity

FX:EURJPY   Euro Fx/Japanese Yen
295 3 9
a year ago
Greetings Fellow Traders,

Here's a quick look at a good trend continuation set up for the start of this week's trading. We have clear consolidation and a prime set up to thrust lower.

On my long term view for EURJPY             I am still looking for longs...however we failed to confirm a break on the daily and were provided with this move on the 1 hour time frame. The most probable target for this downward thrust is going to be the daily/weekly support near 130.00

I've gone ahead and linked the daily long opportunity as well.

Please do your own analysis before entering a trade. Feel free to comment/like/follow.
a year ago
Comment:
snapshot


Trade set up is still valid - Bullish support was redefined by the market open candle due to a gap lower. Looking for sells on a confirmed break of the newly drawn trend line. Targets remain the same
Mughal2657
a year ago
SELL ON BREAK DOWN
Reply
Synapse Mughal2657
a year ago
Nice Chart Mughal2657, appreciate the alternate view.
Reply
Mughal2657 Synapse
a year ago
thanks bro
Reply
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