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Maximus1147

EUR / JPY SHORT

Short
Euro / Japanese Yen (FX_IDC:EURJPY)  
Maximus1147 Updated   
FX_IDC:EURJPY   Euro / Japanese Yen
Trend Analysis Pivot Points Fibonacci
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trendanalysis pivotpoints fibonacci
2 cycles have formed on the daily and looking to end the third. Price is showing signs of reversal on lower timeframes. There is a train track reversal pattern on the 4H additionally bouncing off of the 50MA and also the 0.5 fib retracement zone.

Target 1:
The daily S1 Pivot 119.7100

Target 2:
The Daily Level 118.4040
Comment:
My entry...

Sell Stop
E - 121.6
SL - 122.4
TP - 119
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