JoeMatkinFX

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Forex / Technical Analysis /
Markets Allocation
100 % forex
Top Mentioned Symbols
EURJPY 50% | 1 GBPJPY 50% | 1
JoeMatkinFX JoeMatkinFX EURJPY, D, Short ,
EURJPY: EUR/JPY Short - Pullback down to 134.500?
89 0 2
EURJPY, D Short
EUR/JPY Short - Pullback down to 134.500?

A bearish shooting star candle has formed at resistance (137.000) Along with the RSI showing the market is overbought and 10 and 20 EMA distant from price indicating a pullback would be likely. If price breaks 137.000 this would negate my short term bearish outlook. ENTRY - 136.000 SL - 137.000 TP - 135.000 RISK TO REWARD - 1:1

JoeMatkinFX JoeMatkinFX GBPJPY, D, Short ,
GBPJPY: Short. Waiting for a retest USD/JPY
104 6 2
GBPJPY, D Short
Short. Waiting for a retest USD/JPY

Wait for a retest on GBP/JPY if we get it we could see potential downside. Also hoping RSI will go +50 by the time it hits trend line.

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