EURJPY Short Trading Idea (Sell The Breakout)See screenshots below showing the price action on daily, weekly and monthly timeframe. I believe price will drop to the lower trendline and on the 4-hour timeframe, we have a clear break & retest, giving us the opportunity to jump in on the sell. Let's see how the markets open, we want to minimise our risk as much as possible so if we gap up, it will be an advantage for us.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Eurjpysetup
short EURJPY @ 129.12I know its ECB day but with the short EUR trade the RR is so fantastic today that it definitely makes sense to trade this one.
Shorting EURJPY here @ 129.12
Stop at 129.52
Targeting 127
Let the games begin . I will be sitting with trigger ready and might pull it off early if we get a decent exit during the statement or the presser.
Long EURJPY??!Hi traders,
The price is closed above MA 50 (Purple), along with trendline and support. Therefore, it is a good opportunity to long this pairing.
First TP : @122.35
Second TP: @123.75~124.00 (123.75 is recommended for safe profit) :)
Thank you and feel free to exchange your ideas with me. :)
**Trade with care**