EURJPY / 1D / Breakout after multiple Support retest
Updated
2018-5-23
1. Market has tried to push pass 1.2938 Level but failed 3 times (Yellow)
2. Finally, Price breaks below the support
3. We are looking to Short when the price retest the structure resistance (Blue Zone) for a better RR
Stop Loss above previous structure High (Red Arrow)
Targets as indicated
1. Market has tried to push pass 1.2938 Level but failed 3 times (Yellow)
2. Finally, Price breaks below the support
3. We are looking to Short when the price retest the structure resistance (Blue Zone) for a better RR
Stop Loss above previous structure High (Red Arrow)
Targets as indicated
Comment
Price rejection right inside the Resistance Zone (Blue)
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