πŸ’‘ Don't miss the great sell opportunity in EURJPY

FX:EURJPY   Euro / Japanese Yen
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (126.75). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURJPY is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.

Take Profits:
TP1= @ 126.34
TP2= @ 125.70
TP3= @ 125. 05
TP4= @ 123.95
TP5= @ 122.80

SL: Break Above R2

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The first target was reached. It is a nice setup. thanks!
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, It's good to hear. We're happy for you πŸ’ŽπŸ™πŸ’Ž
keep up the good work, by helping people to come out of poverty your the best and you will never be forgotten. happy new year in advance.
+1 Reply
@figo1, Happy new year to you too. We appreciate your comment. We wish you all the best πŸ’›πŸ’™πŸ’œ
+1 Reply
ForecastCity Raphmore27
@Raphmore27, πŸ’ŽπŸ™πŸ’Ž
Good call! tnx for sharing it.
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, You're welcome! Thank you for your comment
Good analysis, I’m currently short alsoπŸ‘
+1 Reply
@fxpays, Thanks for sharing your feedback.