PureSpeculator
Short

"Downcoming" opportunity to short EUR/JPY

FX:EURJPY   Euro / Japanese Yen
After a long uptrend a correction came at the beginning this year around 860 pips and since then the market moves sideways. We could see a successful creation of double bottom with huge engulfing pattern and now the market is giving us a signal for a double top . Firstly the market stopped at 132.43, but then it created falesbreak and pin bar after which we can expect a decline of EUR/JPY to 129.28. The idea of short is also supported by market touching Moving Average 200 which shows longer trends and now the market is under MA200. Moreover, MACD indicator is showing us an overbought market. Just sell it, put stoploss above the pin bar and takeprofit to support. That is the idea of this trade.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out