EURJPY H4 Sell: Break of trendline
EURJPY H4 Sell:
- Bearish trendline breakout (to the downside)
- Strong bearish selling pressure last week, looking to continue
Need confirmation:
- Looking for a retest of the breakout area - this is the optimal entry place
- Price maintains closure below the trendline which indicates selling pressure is high
Entry:
- Enter between: 119.800-119.900
- Stoploss: 120.350-120.400
- Take profit: 117.950-117.900
- Bearish trendline breakout (to the downside)
- Strong bearish selling pressure last week, looking to continue
Need confirmation:
- Looking for a retest of the breakout area - this is the optimal entry place
- Price maintains closure below the trendline which indicates selling pressure is high
Entry:
- Enter between: 119.800-119.900
- Stoploss: 120.350-120.400
- Take profit: 117.950-117.900
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