LCFXTrading

EURJPY - Short opportunity

Short
OANDA:EURJPY   Euro / Japanese Yen
EURJPY has broken the support structure on the 1H TF. Expecting a retest of that level to execute a short position.
Comment:
Price must come back to that resistance area, and reject it before opening a position. Do NOT enter before that! Are don't know if the price will reject that area, or if it will continue to the upside
Comment:
Price never rejected at the moment... Just waiting to see how price develops
Order cancelled:
Price never retested the area. Trade cancelled.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.