SmartTradingFX
Short

EURJPY: Structure Based Short

FX:EURJPY   Euro Fx/Japanese Yen
197 8 6
Analysis on chart!

Up into a zone where we have seen rejection previously... Structure support turned resistance along with minor dynamic resistance...

We have Harmonic Legs completing here along with 1.27, 1.414, 1.618 Fib Extensions and a 1.618 Fib Inversion, and pressing Overbought conditions on the RSI ...

I will use my entry TF which is the 1H to see if i can get a strong enough signal to enter short here...

At the time of writing this price is looking to push this area so we will see if there is any selling pressure here...

Conitinue to press the like button if you like this idea and comment away with any feedback and or constructive critisism!

SMART TRADING
agungmahendra
a year ago
good luck brother..
+1 Reply
SmartTradingFX
a year ago
Cheers! Price is looking fairly strong as we speak so no entry as of yet! Looking for a big rejection here...
Reply
agungmahendra
a year ago
I think prices will occur rejection. and surfing down...
Reply
SmartTradingFX agungmahendra
a year ago
Would be nice
Reply
agungmahendra
a year ago
market again unfriendly. your system is already good.keep spirit.
+1 Reply
SmartTradingFX agungmahendra
a year ago
Thank you for your kind words!
Reply
korhancakir
a year ago
did you take this trade and have you checked 1h TF? isnt it a false break and divergence on RSI bcs it is good analysis
+1 Reply
SmartTradingFX korhancakir
a year ago
I did get an entry on this and was short this pair... I was unfortunatly stopped out!

Thank you for your kind words sir!
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out