Potential Shorts EurJpy

11 gen 2021

Key Levels:
Daily High- 127.500
Previous daily resistance- 127.075
Previous daily low- 126.819
Daily support- 126.256

Looking for a break of previous day low and a push into 126.250

Idea not valid if we break up past 127.075

11 gen 2021

Trade attivo

Analysis done on Jan 10 10:05pm EST
Looking at price rejections on the 4HR chart at 127.231 price area. We can see spikes into this area Jan 6 and a brief break on Jan 7 during NY session which the high was 127.500 [also a QP] . On Friday Jan 8 NY broke the lows of previous day and created a new low at 126.819.

*Looking for a push into 126.000 into London session and NY

12 gen 2021

Trade attivo

Price may reject 126.478-caution
Stops :Break Even

13 gen 2021

Trade chiuso: obiettivo raggiunto

Perfect, trade target reached