EURJPY - SHORT - 3 : 1 WIn vs Risk ratio
Updated
Hello all
After the positive trade last week, I am looking to get back into EURJPY and short it again on it's next leg down
Looking to follow it down to next key level of support.
The descending trend line (acting as dynamic resistance) was broken out of last week, however price has now returned back within it.
Also it has now just started to cycle lower on the 1 hour time frame
I expect EURJPY to fall quite a way over the coming weeks maybe even as low as 121.00
Thanks for looking
Duncan
After the positive trade last week, I am looking to get back into EURJPY and short it again on it's next leg down
Looking to follow it down to next key level of support.
The descending trend line (acting as dynamic resistance) was broken out of last week, however price has now returned back within it.
Also it has now just started to cycle lower on the 1 hour time frame
I expect EURJPY to fall quite a way over the coming weeks maybe even as low as 121.00
Thanks for looking
Duncan
Trade closed: stop reached
Trade re-entered on another published trade idea
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