TheBearTrader1

EURJPY – 10% Shorts could unfold

Short
OANDA:EURJPY   Euro / Japanese Yen
Price has fell out of this ascending Trendline and confirmed we will make a lower low, however there is no sign of price stopping yet, I do believe we will stall at this level however and have a slight retracement up to the 38.2 fib level where we have a few confluences (50EMA and previous structure level). If this trade plays out how I expect it will be nice however no one knows what the markets next move is.
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