Euro / Japanese Yen
Short
Updated

EUE JPY forecast on week 49. W8 and sell

39
1D
Price in range, looking for smaller timeframe.
On mounthly and weekly mostly looks like sellers market
Therefore I look for sell entry.
snapshot

Price forming weak triangle
snapshot

4H
Range and indecision

1H Downtrend. Sell on pullback.
Now waiting for sell setup.
ENTRY from 128.600
TP 128.900.
RR 2
SL 129.000
Trade closed: stop reached
Good Targeting
Bad SL setting. Mistaken by only 30 pips/
-380 PIPS
RR 1.97

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.