mytw0cents

EURJPY TRADE IDEA

Short
mytw0cents Updated   
FX:EURJPY   Euro / Japanese Yen
waiting
Let me know what you think In the comments!

My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills.

Order cancelled:
no go
Comment:
Comment:
Since the RSI is still above 50%, there is still a strong upward momentum for the EURJPY, which has already broken its neckline and made new highs. In order to short the eurjpy, I like to see price breakthrough the blue line support.

Comment:
I observe a divergence in the 1 hour chart; will the eurjpy fall?

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