tommaso.gino

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About me Student at Bocconi University, Milan (Italy) Bachelor of International Economics and Finance
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Markets Allocation
100 % forex
Top Mentioned Symbols
EURJPY 100% | 2
tommaso.gino tommaso.gino EURJPY, D, Short ,
EURJPY: Wait for a BIG SHORT on EUR/JPY
33 0 0
EURJPY, D Short
Wait for a BIG SHORT on EUR/JPY

As the graph analysis can show the pair has been trending in very nice downside trend-channel since June 2015 and the levels provided by the Fibonacci retracement, which I have applied from the peak of December 2014 to the low of April 2015 (around 126.100), seem to offer relevant level of support/resistance. I personally entered in a long position on 11/01/2016 ...

tommaso.gino tommaso.gino EURJPY, D, Short ,
EURJPY: WAIT FOR A BIG SHORT ON EUR/JPY
116 0 3
EURJPY, D Short
WAIT FOR A BIG SHORT ON EUR/JPY

Wait for the pair reaching the top of the trend channel at 133.000, and enter in a short position with target 126.037, which is the low of the last 3 years and will be a strong support level.

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