EUR/JPY: Selling NOW the retest. But why ?
Hi guys,
I am selling the pair for, hopefully, a quick trade. The reasons behind are the following:
Price :
- broke a support
- is below all EMA
- is below the pivot
With sellers who seem to be in control and JPY being very strong at the moment against most currencies, I am targeting the immediate support @ 122.850, for a nearly 30-pip trade.
Trade at your own risk
I am selling the pair for, hopefully, a quick trade. The reasons behind are the following:
Price :
- broke a support
- is below all EMA
- is below the pivot
With sellers who seem to be in control and JPY being very strong at the moment against most currencies, I am targeting the immediate support @ 122.850, for a nearly 30-pip trade.
Trade at your own risk
Comment:
My target is around 122.830-122.850
Comment:
Adding more to my shorts
Trade closed: stop reached
