bbatrading

EURJPY Bearish flag

Short
bbatrading Updated   
FX:EURJPY   Euro / Japanese Yen
A bearish flag would show a downside move. Last time to touch the upper trendline, and in the best case scenario, it would break out of the flag. Might show some difficulty crossing the .382 level of the daily structure, and this flag could also result in being the last downside movement of the daily structure.
I'd enter around 120.43
*The SL and TP might not be the same on my account, it will depend on price action*

Also, check out the section below, I'll post the daily chart. Trade safe!
Comment:

It's over the 200SMA. If the slope changes, it will add up for confirmation.
Comment:
Sorry we didn't see well*

Order cancelled:
Missed my entry, too much sleeping! Oops
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.