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Potential double top in EUR/JPY, sell if the resistance holds

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Euro / Yen Jepun (OANDA:EURJPY)  
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OANDA:EURJPY   Euro / Yen Jepun
Trend Analysis Chart Patterns Beyond Technical Analysis EURJPY eurjpyshort eurjpysignal eurjpytrade
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trendanalysis chartpattern beyondta eurjpy eurjpyshort eurjpysignal eurjpytrade
Hello traders, I am observing the 4H chart in EUR/JPY and I have noticed a potential
sell opportunity. This could be a potential double top on the 4H chart.

So, if the resistance zone holds, traders can consider selling EURJPY@164.88-165
with TP at 163.65 Note that, the sell condition will be valid only if the resistance
zone highlighted in the chart remains unbroken.
Pesanan dibatalkan:
Price broke through the resistance, order cancelled
Dagangan aktif:
Price back in resistance level, sold@165 as per plan
Komen:
22 Pips running profit
Komen:
45 Pips profit
Komen:
Price has consolidated below the resistance, it could fall more
Komen:
63 pips profit so far
Komen:
EURJPY went as low as 163.89 which translates to 111 pips profit
Komen:
Currently around 190 Pips profit from the sell at 165
Komen:
255 Pips and counting for those who sold with me@165, current price 162.45
Penafian

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