There is a great opportunity to short EUR/JPY with good R:R Ratio
The EUR/JPY has started a hourly downtrend, and its turning bearish in the Day Trend
The EUR/JPY has broken a resistance in this downtrend, an know as showed is in a retest of this broken resistance and also keeping the down trend
The short of this pair is also confirmed with the Bollinger Band down trend and the Tocuhing-Bollinger-Band strategy, a touch of the bollinger band can confirm this short
The RSI also confirm this important short when the RSI resistance line is touched again
An excess of the 131.400 would invalidate this setup
A good entry could be around 131.200 or more
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Good Trading!
The EUR/JPY has started a hourly downtrend, and its turning bearish in the Day Trend
The EUR/JPY has broken a resistance in this downtrend, an know as showed is in a retest of this broken resistance and also keeping the down trend
The short of this pair is also confirmed with the Bollinger Band down trend and the Tocuhing-Bollinger-Band strategy, a touch of the bollinger band can confirm this short
The RSI also confirm this important short when the RSI resistance line is touched again
An excess of the 131.400 would invalidate this setup
A good entry could be around 131.200 or more
Please Subscribe, like, and share
Good Trading!