Euro / Japanese YenShort
EURJPY - SHORT POSITION (4HR)
CONFLUENCES:
- Bearish market structure confirmed by EMA crossover
- Rejection of 51 EMA
- Breakout & retest of previous area of consolidation
- Fib Levels line up nicely with areas of support & resistance
- Entered the trade prematurely but my healthy stop-loss has kept me in the trade with a 1:3 R:R
- Bearish market structure confirmed by EMA crossover
- Rejection of 51 EMA
- Breakout & retest of previous area of consolidation
- Fib Levels line up nicely with areas of support & resistance
- Entered the trade prematurely but my healthy stop-loss has kept me in the trade with a 1:3 R:R
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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.
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.