goforextrader

Short at 132.65

Short
FX:EURJPY   Euro / Japanese Yen
Expecting a 50% pullback from recent highs and then enter short.

RSI bearish divergence on multiple time frames
Overbought on daily chart
Fast moving MA's are crossing slow moving ones.
Significant resistance has been met in last few trading days around 133.00 levels and price wasn't able to break

Entry 132.65
SL 133.15
TP1 131.70 RR 1.8
TP2 130.80 RR 3.7


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