SamKent
Short

EURJPY simple price action trading plan

FX:EURJPY   Euro Fx/Japanese Yen
131 0 3
The EURJPY             looks to be heading towards our well defined role reversal level at around 148.165, this level also coincides with the 50% measurement of the overall down move. Therefore, we're looking for some candlestick reversal confirmation at our level, after which we'd be short the market, aiming to get back to recent swing lows around the 146.800 handle.
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