EURJPY SHORT Move
Got an early morning setup to start the new week for trading, after a successful TP from my previous setup, I discovered a new setup on the downward move, using the previous price Support and Resistance lines a lightning bolt is discovered and with the PRICE being rejected by the resistance line (Hard resistance), there is a quick opportunity for a short to the nearest support line, with the yellow support line and the MA60 line in conjunction of a downward move is what creates a Double Strong resistance which is a good confirmation of the SHORT move.
I believe TP will probably hit in the next coming morning hours of 08:00am SAST
Let me know what you guys think, comment if you feel the same or different
I believe TP will probably hit in the next coming morning hours of 08:00am SAST
Let me know what you guys think, comment if you feel the same or different
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.