EURJPY - SHORT; SELL it right here!
This is coming off of a major Double/Triple Top on the daily with not much under it.
Right now probably an equivalent trade (in magnitude) with the AUDJPY short but probably a faster drop.
One can use <25 pip stops here until it fully breaks down - which shouldn't be long.
Here is the Daily
Right now probably an equivalent trade (in magnitude) with the AUDJPY short but probably a faster drop.
One can use <25 pip stops here until it fully breaks down - which shouldn't be long.
Here is the Daily
Note
Incidentally, this break here...... makes this a better (cleaner) short than the AUDJPY.
Trade active
SHORTwith a 25 pip Stop.
Note
This one here - CADJOY
... is likely the better SHORT out there.
Trade active
SHORTTrade closed: stop reached
FLAT; -16 pipsTrade active
SHORTTrade closed manually
FLAT; +30 pipsTrade active
SHORT
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.