EURJPY setting up for a short

5 ngày trước

Watch for that support area as indicated by the trendline. This thing likely is breaking to the down side.

Chart pattern shows that setup will have a somewhat chance of playing out this way, with a few bounces off the support and then breaking, as liquidity floods in later in the london/NY session

4 ngày trước

Ghi chú

time is getting close. Start preparing to get in. Or if you are an early bird like me, I am already tring to fade the top with a limit order to short at the top of the current range.

4 ngày trước

Ghi chú

correction: upon further analysis, do not short the tops. The top is uncertain. I took off my limit order for fading the top. Do not fade this top because there is a chance that we can see a decent surge higher. TLDR: Do not fade this top. It is not ready for fading.