VasilyTrader

EURJPY: Safest Level To Sell

Short
FX:EURJPY   Euro / Japanese Yen

hey traders,

although many traders have started shorting EURJPY
I would be more patient and short the pair from higher structure levels.

Take a look at a potential bat pattern and 122.6 underlined horizontal level of resistance.
In my view, selling from this level we will have the safest position.

Entry - 122.6

Stop - 124.2

T1 - 120.5
T2 - 119.0

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