EURJPY today's short setup

FX:EURJPY   Euro / Japanese Yen
600 1 8
As can be seen EURJPY             price has been resisted by horizontal resistance and downside trendline . If this candle could give a decisively weak signal but hold around the support zone , I will look for a retracement at short-term and sell at the breakout. Potential target is at today's ADR but may close before target reached if price give reversal pattern. EURCAD             has a similar short pattern now.
Comment: The support has been broken. In this case I may choose to enter short at 38.2% fib, but it depends on this hour's candle pattern.
Congratulations! Your chart has been selected to be highlighted as the post of the day. This is a great example of market analysis through the use of a trendline.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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