iam_jaisonjose

EURJPY Short Trade Setup

Short
FX:NZDJPY   New Zealand Dollar / Japanese Yen
The EURJPY Pair has reached the 1H Descending Trendiline and now it is acting as a Strong Resistance. Thus we entered this trade Short. The Stop Loss is set a few pips away from the Resistance Zone and the Take Profit is just above the Daily Support.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.