Euro / Japanese YenShort
EURJPY - Downside to 124.031
Updated
Hey guys,
This is my first trade of the week, got triggered during the day.
Basis of trade:
-Daily bias, price tried to pierce through daily resistance (orange line) however no acceptance, therefore bearish.
-Price retraced to 50% retracement
-Entry at the last low pre breakout
(Trading strategy is based on Tom Dante's approach to the markets)
Private message me if you want to talk more about FX.
Thanks,
Lorenzo
This is my first trade of the week, got triggered during the day.
Basis of trade:
-Daily bias, price tried to pierce through daily resistance (orange line) however no acceptance, therefore bearish.
-Price retraced to 50% retracement
-Entry at the last low pre breakout
(Trading strategy is based on Tom Dante's approach to the markets)
Private message me if you want to talk more about FX.
Thanks,
Lorenzo
Trade closed: target reached
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