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gemini0601

EURJPY - Short - Testing horizontal and trend line resistances

Short
Euro / Japanese Yen (FX:EURJPY)  
gemini0601 Updated   
FX:EURJPY   Euro / Japanese Yen
Chart Patterns
1
0
chartpattern
Bias to downside. Price pullback strongly to horizontal resistance as well as trend line resistance. Both resistance points had been tested at least 2 times. Therefore, strong resistance level of 129.40 noted. Blind entry without any sell signal. Short at 129.25 with 60pips stop loss and more than 3R target.
Trade closed: stop reached
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