"Trade idea: short EURJPY" by ThinkingAntsOk
1H Chart Explanation:
- Price broke the Ascending Channel and is currently on a Bearish Corrective Structure.
- Bearish Divergence on MACD.
- If price breaks the BCS, potential to move down towards the Support Zone.
- However, we will move our Stop Loss to Break Even if price reaches the 1.272 Fibo Level.
Updates coming soon!
- Price broke the Ascending Channel and is currently on a Bearish Corrective Structure.
- Bearish Divergence on MACD.
- If price breaks the BCS, potential to move down towards the Support Zone.
- However, we will move our Stop Loss to Break Even if price reaches the 1.272 Fibo Level.
Updates coming soon!
Trade closed: target reached
It was fast! Target achieved.
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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.
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.