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AuthenticTrader AuthenticTrader PRO EURJPY, D, Short ,
EURJPY: EURGPY  Short Set up - High Probability, Great Risk Reward
63 0 6
EURJPY, D Short
EURGPY Short Set up - High Probability, Great Risk Reward

Trend is down, and price has tested this resistance area five times, and did not make a new high as indicated by our Zig Zag. Evening star is forming on daily chart, and we have a tag of the upper Bollinger Band. Checking 4h chart shows several bearish candle reversals - most recently Falling Three Crows, and likewise tag of the upper band. Stochastic has ...

cheesetoast cheesetoast EURGBP, 60, Short ,
EURGBP: Sell EURJPY
66 0 3
EURGBP, 60 Short
Sell EURJPY

Reasons for trade: - At weekly supply zone - > 3:1 R/R - In a down trend (demand zones being taken out)

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