anilmangal
Short

EURJPY sell setup

FX:EURJPY   Euro Fx/Japanese Yen
4692 11 155
The EURJPY             is in a daily corrective downtrend. On the 240 it is also making a down trend, so selling the breakout of this flag seems like a good idea.

Please trade with care.
Thank you for your support.
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Thanks a lot for your guidance, time and effort. Means a lot for us...
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still going.. needed entry order before news to catch this one! nice call as usual!
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Do you believe with the upcoming news in about an hour and 40 min, we can still catch a sell?
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big drop. anil, what are you waiting for? is it ok to short after al little consolidation or do we wait for a retest of the broken line? shorting in the 118.50 - 118.60 area?
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Good Job!
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what may be a reasonable target for this move down? This is the key question for considering entering a short in this little consolidation we are in right now (11 oclock athens time)
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Mr. Mangal, what do you think about GBPJPY?
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i'm all for charts that give the benefit of the doubt...
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Hi Anil, how do you recognize a correction? Move between parallel lines? Or...???
Thx/rgds
Fran
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great trade!
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