EURJPY Short
Updated
Waiting for a bearish candle in an hour or so before setting up a short stop order few pips below the recent low, with TP at or near the hourly resistance and wider SL allowance along the current middle BB. This is in line with ECB's QE extension as well as strong sentiment on the USD regarding Fed's hiking rate this month.
dailyfx.com/forex/market_alert/2016/12/08/Euro-Whiplashes-as-ECB-Extends-QE-to-December-2017.html?DFXfeeds=forex:market_alert
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dailyfx.com/forex/market_alert/2016/12/08/Euro-Whiplashes-as-ECB-Extends-QE-to-December-2017.html?DFXfeeds=forex:market_alert
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Order cancelled
The bearish candle I've been waiting didn't appear so this idea is a no go for me.
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