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UnknownUnicorn769459

EURJPY Short

Short
Euro / Japanese Yen (FX:EURJPY)  
UnknownUnicorn769459 Updated   
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Technical Indicators EURJPY eurjpyshort short 4h 4hr 4hour technical Fractal Williams %R (%R)
2
0
trendanalysis indicator eurjpy eurjpyshort short 4h 4hr 4hour technical fractal williamsr
EURJPY has broken out of a consolidating range. It has also crossed below its 89 EMA, having rejected it previously. The Williams Alligator is beginning to open up, even crossing below the 89 EMA. This is all in perfect conjunction with a Fractal resistance appearing below the Alligator. The target prices are based on historic levels of support.

SL: 128.5
TP1: 126.95
TP2: 125.19
Trade closed: stop reached:
A small stop loss taken. Now watching for a rebound and re-entry.
Trade active:
Forgot to update this earlier. The pair is well on its way to TP1
Comment:
TP1 was hit. At least +100 pips.
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