EUR/JPY - M formation taking place

A simple M or double top formation is starting to take place in eur/jpy and it's a good opportunity to short. Keep a stop-loss above the previous high and don't over leverage your trade. For maximum profits look out for any reversal patterns, otherwise keep your trade alive and see the profits grow.

Good luck trading and if you have any questions, feel free to ask!

Yorum:

Update:

Perfect.