EURJPY
EurJpy has retraced to the level i had previously highlighted.I'll now be waiting for a decent bearish signal between 128.9 and 129.5.This signal should be on the daily or H4 time frame. Profit target will be its current swing low which is 126.9.
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Price is now at my selling level. I will now wait for a decent bearish signal to go short.
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Price is yet to form a decent bearish signal. This trade might go down without me since it has already started moving downwards. Either way i'll wait for a decent sell signal.
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i am not in this trade since no decent bearish signal formed. But it seems to be going down well.
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If daily bar closes as it is right now i will be looking to sell this pair.
As for now i wait and see if today's bar will close as a bearish pin bar.
As for now i wait and see if today's bar will close as a bearish pin bar.
