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ProjectSyndicate
Dec 1, 2020 6:35 PM

EURJPY: 1 000 pips SHORT IT/HOLD: BEARS TAKE OVER(NEW) Short

Euro Fx/Japanese YenFXCM

Description

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EURJPY: 1 000 pips SHORT IT/HOLD: BEARS TAKE OVER(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


DISCLAIMER: high volatility / high risk setup/
using wide stop loss, but great risk/reward
please use lower leverage / lower position size.
Do your own DUE DILL before taking any trades.

🔸 Summary and potential trade setup
::: EURPY 1day/candle chart review
::: XABCD speculative setup
::: This market is almost TOPPED OUT now
::: EURUSD also almost TOPPED OUT
::: get ready for massive reversal
::: expecting reversal from 128/129 soon
::: so get ready to SHORT IT and get paid
::: anticipating massive rejection
::: higher risk strat: BUY/HOLD exit 128.40
::: recommended strategy: SHORT IT 128.20/40
::: STOP LOSS 80 pips TP 1000 pips
::: This is a SWING trade setup
::: Patient trader only / don't expect fast
::: miracle/overnight gains
::: Good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARS
Comments
AIRFOREXONE_
great work my friend !
InkyGrip
impeccable analysis! 🦐💎
mloske91
your links don't appear to work?
FXCM
Hi, nice analysis. Here's my bullish view on EURJPY instead.

Georgianos
Thanks man!!!
RyodaBrainless
Thanks! There's a golden cross in 1D
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