TomProTrader

#EURJPY-Update: Bulls Lost Steam, Bears In Force! #Forex

FX:EURJPY   Euro / Japanese Yen
59 0 7
Traders,

UPDATE: Trade has moved very well since I last posted (See related ideas). Well done to my signals group who got my trading plan and caught the move. A touch on sideways resistance, with bearish candles suggests a good shorting opportunity here to the lows. Indecision was here but the range has been broken, lows expected. Price about to dive, creating a minor death cross on the moving averages , this will further ignite a downside move. Hope you have a tested trading plan to catch this move when it starts.
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