Euro / Japanese YenShort
EURJPY Short
I am bearish on the EURJPY - price is contained by all 4 moving averages to the downside.
The area of interest to enter a short trade is confluent with
1. The 50 MAV
2. Monthly Pivot Point
3. Require a failed retest of support now resistance
Stop - above the monthly R1 Pivot
Target
Confluence of
1. 1.272 fib extension
2. Prior major support level
RR = 3.5 ................
The area of interest to enter a short trade is confluent with
1. The 50 MAV
2. Monthly Pivot Point
3. Require a failed retest of support now resistance
Stop - above the monthly R1 Pivot
Target
Confluence of
1. 1.272 fib extension
2. Prior major support level
RR = 3.5 ................
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.
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.