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LupaCapital

EUR JPY

Short
Euro / Japanese Yen (FX:EURJPY)  
LupaCapital  
FX:EURJPY   Euro / Japanese Yen
Supply and Demand Supply Zone retracement Demand Zone SWAPZONE downtrend eurojpyshort EURJPY
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supplyanddemand supplyzone retracement demandzone swapzone downtrend eurojpyshort eurjpy
We have an upper supply - which is a daily supply. This is still a fresh level, however we have seen a great fake out on the lower 4 hour supply zone.

The fake outs are between the two zones, to show the hidden orders half way in a swap zone.

The overall trend is in a downtrend.

The market is currently making a good retracement but the second tap we are looking to sell on the supply.

patience.

Thanks,
Lupa.
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