JamesSE

EURJPY Short

Short
FX:EURJPY   Euro / Japanese Yen
I used to trade in cryptos, but since it has declined so much I don't see the point right now.
Forex will always be around unless the world collapses.

I'm looking at a downward trend on the daily chart but on a weekly chart, there is a wedge forming. In this downward trend, my TP point is 124.600. SL 130.100.
The weekly chart I am expecting between 123.500 - 122.00. I believe this is more than possible. Then it is waiting for confirmation which way the wedge will break out.

This is EURUSD on the 4H chart. Shorted at 08:00 GMT and got a nice 70 pips at the end of the day with maybe more to come. The FUD is real but patience is always key. I like to make quick trades so I don't have a lot of patience and I can definitely patience and confirmation is key.



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