Euro / Japanese YenUpdated EURJPY bearish continuation
- 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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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.