rakinahmed
Short

EURJPY Sell idea

FX:EURJPY   Euro / Japanese Yen
I can see a continuation of the bearish trend after a retracement to the 25 EMA due to the RSI being too low.

To support my prediction, I have the bearish trend coming off from a resistance found in the daily timeframe .

The stop-loss has been positioned with respect to the previous consolidation region. An ambitious target price was chosen short of a support region spotted in the weekly timeframe .
Feb 08
Comment: First target hit at 124.335
Stop-loss has been moved to the entry price
Feb 11
Trade closed manually: Stop loss was triggered at entry price.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out