EURJPY SHORT
A nice short opportunity here. After the BEARISH impulse was created, a nice flag was formed. Now wait for a strong bearish impulse for continuation. I am looking for an entry within the price range shown (OF COURSE BASED ON THE PRICE ACTION) according to a previous engulfing candlestick on a higher timeframe but also on the 78% Fib retracement level. First target as shown, then see how the market will react and expand your target till the bottom.
Order cancelled
As you can see guys we did not get the price action that we wanted so no entry for me. The set up was therefore invalid. I must tracking it now to see if we get the price action from the tops.
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