EURJPY Institutional Short Setup [Intraday Update]
Hello traders. Yesterday morning we posted this EURJPY short setup:
It was a bit late we got in a few hours earlier near the red arrow on the chart @ 122.5. We updated the idea last night as well:
You can see it has been really struggling to break down... the 122.3 figure was holding as support all day yesterday and even throughout the entirety of the Asia session last night.
Since we broke it we have retested it as resistance a few times. I will get out of this short if 122.3 fails to hold as resistance now. If price breaks above it and holds above it I will take my bit of profit and RUN.
As always... Enjoy!
It was a bit late we got in a few hours earlier near the red arrow on the chart @ 122.5. We updated the idea last night as well:
You can see it has been really struggling to break down... the 122.3 figure was holding as support all day yesterday and even throughout the entirety of the Asia session last night.
Since we broke it we have retested it as resistance a few times. I will get out of this short if 122.3 fails to hold as resistance now. If price breaks above it and holds above it I will take my bit of profit and RUN.
As always... Enjoy!
Trade closed manually:
out of this with a few pips... was good for upwards of 50 pips or so.
