EUR / JPY SHORT Short

EURO / JAPANESE YENICE

Description

⋅ Jun 5, 2019 2:24 PM

2 cycles have formed on the daily and looking to end the third. Price is showing signs of reversal on lower timeframes. There is a train track reversal pattern on the 4H additionally bouncing off of the 50MA and also the 0.5 fib retracement zone.

Target 1:
The daily S1 Pivot 119.7100

Target 2:
The Daily Level 118.4040

Comment

⋅ Jun 5, 2019 2:27 PM

My entry...

Sell Stop
E - 121.6
SL - 122.4
TP - 119