SwissPips

EUR/JPY: Nice selling opportunity!

Short
SwissPips Updated   
FX:EURJPY   Euro / Japanese Yen
Hey guys,

New idea!

Please check it out and comment/like if you appreciate it.

Best,

Jesse

Comment:
1H VIEW

Comment:
I think the trend line is pretty clean and defined for once!
Comment:
I will from now on put the TRADING PLAN directly on my ideas/screenshots it will be easier for everybody.

The trading plan for the pair: wait for the price to break previous low (131.400) and short it to 130.90 which is basically the next support level.

Trade with care.

Best,
Jesse
Comment:
Comment:
It is important to wait a break of former support before shorting it
Comment:
Comment:
The pair bounced from the former support zone. No trade yet, the pattern is forming.
Comment:
Looks like we could have a nice H&S pattern in play. Currently testing the neckline

Comment:
Trade active:
Trade was activated at 131.400
Comment:
Trade closed: target reached:
BOOOM I hope you guys made some nice pips on this one
Comment:
Initial target of 130.900 could have given you 50 pips for this trade. Do you guys like this style of interactions ? With the trading plan?
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