johnjholmes24

Descending triangle appearing on EUR/JPY

Short
johnjholmes24 Updated   
FX_IDC:EURJPY   Euro / Japanese Yen
waiting for the macd to cross to the downside to give me even more confirmation.
may enter short before price breaks out of the triangle depending on stochastics, macd and price action
Trade active:
entered the trade earlier than the targets on the chart due to several reasons. strong trendline, price action and stochastics. up 20 pips and counting!!
have a good day people
Comment:
news came out and pushed the euro up... shit happens :)
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