vj20_fx
Short

Short Opportunity

FX:EURJPY   Euro Fx/Japanese Yen
55 0 1
EURJPY             has been in a bearish trend being respectful of support and resistance lines. The 3rd touch of the trend has now arrived and did a very short bearish move followed by a retracements. Price is now consolidating on the trendline showing a few Doji candlesticks . This is also confluent with a major key level more noticeable on the higher timeframes. This is giving me strong short signals with a very good Risk-Reward ratio. I will wait until price breaks through the consolidation to then enter upon the close of the 2hr             candlestick for pin-point entry
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