We have been tracking EURJPY since the beginning of this trading week. Now the price has broken our CTL after rejecting a daily demand zone and 50.0 Fib ratio. We have seen two doji candles on the daily timeframe. Short entry is valid now, but a little exhaustion move to retest the broken CTL is expected before the price extends to the target as projected.
Thanks for reading.
Trade closed manually
⋅
This trade has been closed manually for 1:1.4 RR due to the rejection of key technicals level. Check my latest post for details reasons.