EUR/JPY, DAY CHART, NEUTRAL-SHORT (4-DEC-2016)
Updated
We have 2 options for this trade:
Plan A: Waiting for 1-2 more bearish signals to short
High Risk to Reward Ratio
Plan B: Continue with the trend
The price breaks the resistance zone,
wait for pullback and go for long :)
Plan A: Waiting for 1-2 more bearish signals to short
High Risk to Reward Ratio
Plan B: Continue with the trend
The price breaks the resistance zone,
wait for pullback and go for long :)
Note
Our previous analysis on EUR/JPY long was correct. 
Note
EUR/JPY breaks the resistance zone with strength. Now we wait for weak pull back and long... :)
Trade active
Now this pair has a weak pull back sit on the previous resistance zone well.Zoom into H4 diagram is a Swing Setup.
Trade with
EP: 122.255
SL: 120.156
TP: 127.310
Trade Safely :)
Trade closed manually
Decided to cut lose early.Because this trade is no more validate based on the setup we are looking for.
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