EURJPY Descending Channel

13 Nis 2020

I've been waiting for a short on EURJPY for a long time and believe it is happening now. Descending parallel channel + rejection = nice short. XXXJPY pairs are all going to drop soon which adds to the multiple confluence. Related ideas below. Although already in the trade, it could pull back to entry price again, providing another opportunity.

13 Nis 2020

İşlem aktif

14 Nis 2020

Not

Accidently added to comments section but it's here now too.

Daily View:

Weekly View:

6 May 2020

Not

TP extended to another monthly level due to current market movement. RR = 6.64

8 May 2020

İşlem kapandı: hedefe ulaştı

Trade closed at the original TP. +4.12 RR