tradingtomnl

Short EURJPY - 4 hour chart

Short
tradingtomnl Updated   
FX:EURJPY   Euro / Japanese Yen
Short idea for EURJPY
Trade active
Comment:
Move SL to break even or small profit to secure. Looks like the predicted moves are a little to sharp in the published idea. Will update this later. For now we are good and about 170 pips in profit!
Comment:
Still in good profit, but we may see a retest of the fib 0.5 level. If this resistance stays we may see a further downside. But we have to change our expactations and find a new target.
If the Fib 0.5 breaks we may retest the 132.50 level and also the uptrend line. That will be a good entry point for a new short.
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