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Euro / Japanese Yen
Short

Short EURJPY - 4 hour chart

By tradingtomnl
Updated
Short idea for EURJPY
Trade active
Comment
Move SL to break even or small profit to secure. Looks like the predicted moves are a little to sharp in the published idea. Will update this later. For now we are good and about 170 pips in profit!
Comment
Still in good profit, but we may see a retest of the fib 0.5 level. If this resistance stays we may see a further downside. But we have to change our expactations and find a new target.
If the Fib 0.5 breaks we may retest the 132.50 level and also the uptrend line. That will be a good entry point for a new short.
snapshot
Bearish PatternsdowndowntrendEURJPYretestshorttradingtomnltrendTrend AnalysisWave Analysis

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