EURJPY : I'm on board for a bearish breakout

My presumed scenario is that this bullish resistance acts as a polarity zone. That is, it marks the market's transition from an uptrend to a downtrend. The bearish breakout occurred on volumes worthy of this hypothesis. If confirmed, prices could plunge lower. 162.67 seems a reasonable technical target to start with.

Trade chiuso: obiettivo raggiunto:

"Terminus" :

The trip to the TP went off without a hitch, and the choice of a nearby target meant that the scenario was validated in record time.

See you soon for new adventures...