TomProTrader

EURJPY sell setup.

Short
TomProTrader Updated   
FX:EURJPY   Euro / Japanese Yen
10
Hi guys,

This pair looks downside. It is now setting up on daily, and consolidation below trendline on 240. I expect it to test trend line on 240 and break down, so looking or a sell setup is probably a good idea.

Thank you for your support.
Comment:
Price retesting support as resistance structure, will this create a consolidation/corrective structure before the next big move down? I guess we will all soon find out. Use a tested trading strategy to find the breakdown.

Patience is key, trade what you see not what you think!
Comment:
Watch for sell setup. If the breakdown comes, it will be soon!

Use your tested trading strategy to trade the move!

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Comment:
Daily candlestick close right on structure, and a bounce back into structure. Doesn't look like we'll get breakout yet. Wait for the trade to tell us what to do.

Trade what you SEE not what you THINK!
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