EURJPY bearish continuation
Updated
- US10Y is down to 2.89% from 3.50%;
- 3rd test 144.20-144.30 area - failed to break above;
Expect further downside movement (although monday will be a slow day). If it keeps its bullish behaviour (last 4h candle) next sell limit will be triggered at 142.32 (half size), in that case i lose 1R and i'd be looking at the 3.5R of the next one.
-> Take a look at JPYX and US10Y
Hope you're gonna have a great week 💰 Like and follow 💹
- 3rd test 144.20-144.30 area - failed to break above;
Expect further downside movement (although monday will be a slow day). If it keeps its bullish behaviour (last 4h candle) next sell limit will be triggered at 142.32 (half size), in that case i lose 1R and i'd be looking at the 3.5R of the next one.
-> Take a look at JPYX and US10Y
- Follow price action + structure
- Risk management
- Self management
Hope you're gonna have a great week 💰 Like and follow 💹
Note
Short #1 Stopped out Short #2 (142.34) triggered and currently in profit
Looking to add short at 141.40 if it retests and fails to break above
Trade closed manually
Closed manually at 140.30 (+200 p)Next possible short entries -> 140.76, 141 and 141.40
Trade closed: target reached
Trade closed: target reached
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