EURJPY technical breakdown

Hi traders,

This one looks like a sell. We have seen price hit a key technical level and the weakness here is very apparent. If I see more weakness, I will be looking for opportunities to go short down to bottom of corrective structure @120.20's level.

All the best,
Tom_Killick

Yorum:

This pair immediately showing a nice move to the downside. I expect to see price hit bottom of structure in this swing move.

Bearish move, very easy to take profits (especially in smaller TF) if you have a tested trading strategy.