EURJPY- Are we going to see a Top? Part 2

24 Ağu 2018

This is a good zone to get involved in a shorting opportunity as soon as the Daily does not close above 129.50
As I enter on the Violation of the 1H Trend I have a Entry Stop Order below the Higher Low of the last swing.

If the 1H makes a new Higher Swing then my entry will be placed under the next Higher Low.

My first Target will be a re-test of the previous Daily-Low @ 125.209
My Second Target will be an Extension around the 123 levels

Trend Analysis:
1D Trend: Bearish (Underlying Trend)
4H Trend: Bullish
1H Trend: Bullish

Don't follow my trade blindly, follow the rules of your trading plan, if you don't have one: DO NOT TRADE!

26 Ağu 2018

Not

The Pair did not close above the daily key resistance yet, so the trade is still valid for Monday. The entry is the same but the stop-loss is @129.601 maintaining a Risk:Reward Ratio of 3.8:1

27 Ağu 2018

Emir iptal

The Pair is making at the moment a new high on the daily