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RaynLim
May 31, 2020 11:04 AM

Trade Ideas Educator: EURJPY Crab Short

Euro Fx/Japanese YenFXCM

Description

A bearish crab setup as a counter-trend trading setup. This trading setup can be tricky, the PRZ form out of the downtrend trendline, the market also has a break and close above of the PRZ.

It is still a trade I would engage after the confirmation. The 1st target I'm going to exit is within the buy zone, that would enough for me to place my stops to entry for my 2nd target.
Comments
Dave-FX-Hunter
Very nice trade analysis
RaynLim
@DaweFXHunter, Thank You
KlejdiCuni
Great job as always. Same forecast on EURJPY with different analysis. Thank you for sharing.
RaynLim
@KlejdiCuni, yeah with the current setup, both outcome is possible
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