EUR/JPY appears poised for a potential decline from its resistance level around 159.250. Recent price action has shown rejections at this level, suggesting a possible bearish move ahead. Considering these observations, I am considering a sell position with a target range around the 159.070 area. Please note that my trading decisions are marked on the chart based on my analysis.
"Navigating the markets with a clear mind and a sharp focus. Join me on the path to trading success and discover the art of strategic decision-making."
Disclaimer: The information and opinions shared in my trading discussions and posts are for educational and informational purposes only. They should not be considered as financial advice or recommendations. Trading involves risks, and it's important to conduct thorough research and consult with qualified financial professionals before making any trading or investment decisions. I do not guarantee the accuracy, completeness, or timeliness of the information provided, and I am not responsible for any losses or damages that may result from your trading activities. Always trade responsibly and consider your individual financial situation and risk tolerance.
"Navigating the markets with a clear mind and a sharp focus. Join me on the path to trading success and discover the art of strategic decision-making."
Disclaimer: The information and opinions shared in my trading discussions and posts are for educational and informational purposes only. They should not be considered as financial advice or recommendations. Trading involves risks, and it's important to conduct thorough research and consult with qualified financial professionals before making any trading or investment decisions. I do not guarantee the accuracy, completeness, or timeliness of the information provided, and I am not responsible for any losses or damages that may result from your trading activities. Always trade responsibly and consider your individual financial situation and risk tolerance.
Trade closed: target reached:
Sniper Shot