USDJPY shortUSDJPY in a strong downtrend. The following news about jobless claims are worse than expected which should help the following trend. Sell the pullback level of 108.81 which is support also couple of times before. Thanks.
Shortposition
EUR/GBP SHORTPRO'S
- Recent head&shoulders pattern
- Retest of neckline after head&shoulders pattern (green line)
- recent retest and rejection of monthly trendline (red line)
- bearish MACD divergence
- Stoch RSI signally oversold on monthly chart
Trade fits my trading style to enter short. Targeting 0.74000 for roughly 4% profit, always risking 1%
THOUGHTS ON THIS?
EURJPY H4 VERY NICE RISK:REWARD BEARISH BAT PATTERNHello my Friends!
Errol here.....
We have a very nice Bat pattern setting up here and in the comments below I will share a LInk for you of a Youtube video that I did regarding this pattern and some other things.
Best Regards,
Errol Muller
