Short opportunity: EUR/JPY reached resistance zone
EURJPY reached resistance zone. RSI and Stochastic RSI are in the overbought area. I am expecting a bearish reversal here on the H4 and D1 charts as well.Entry strategy: wait for a bearish confirmation candle which cross below 130.75
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Trade active
Trade closed: stop reached
Hit stop loss. The ascending trend line gave strong support.
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If you think this analysis is useful and you want to receive new updates about this idea, leave your comment or your LIKE!
Thank you for your support and may the markets be with you!
Thank you for your support and may the markets be with you!
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.