EURJPY: 4 Hour Potential Double Top and/or 2618
Updated
For those looking to get short the EURJPY we have a potential double top and/or 2618 opportunity setting up. Looking left, price action has made its way back into a previous level of consolidation where the bulls were rejected and are now looking to test for a second time.
The two trading opportunities that exist at this level are a double top sell at the candle close, or a 2618 for conservative traders looking for proof of a hold and a retest.
We've got our morning Warroom meeting at 8:30 (NY) then I'm getting ready for an awesome training lesson this morning at 9am on position sizing and trend continuation trading. Good luck out there in the markets this week.
Akil Stokes
Chief Currency Analyst & Head Trading Coach
TradeEmpowered.com -The Premier Online Trading Education Company
YouTube goo.gl/Afk5sG
Face book: goo.gl/VTQngr
Twitter: goo.gl/FlH33l
You Can Also Follow Me On Instagram, Periscope & StockTwits AkilStokesRTM
The two trading opportunities that exist at this level are a double top sell at the candle close, or a 2618 for conservative traders looking for proof of a hold and a retest.
We've got our morning Warroom meeting at 8:30 (NY) then I'm getting ready for an awesome training lesson this morning at 9am on position sizing and trend continuation trading. Good luck out there in the markets this week.
Akil Stokes
Chief Currency Analyst & Head Trading Coach
TradeEmpowered.com -The Premier Online Trading Education Company
YouTube goo.gl/Afk5sG
Face book: goo.gl/VTQngr
Twitter: goo.gl/FlH33l
You Can Also Follow Me On Instagram, Periscope & StockTwits AkilStokesRTM
Trade active
Trade closed: target reached
BEAT THE HOUSE - FREE 4-DAY ONLINE TRADING WORKSHOP Full Recordings Available Until 8/31
tieronetrading.com/beat-the-house-2/
"The Trading Coach Podcast" - Available on your favorite podcasting app!
anchor.fm/thetradingcoachpodcast
tieronetrading.com/beat-the-house-2/
"The Trading Coach Podcast" - Available on your favorite podcasting app!
anchor.fm/thetradingcoachpodcast
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.