Short EURJPY - 4 hour chart

Nov 2, 2017

Short idea for EURJPY

Nov 3, 2017

Trade active

Nov 8, 2017

Note

Move SL to break even or small profit to secure. Looks like the predicted moves are a little to sharp in the published idea. Will update this later. For now we are good and about 170 pips in profit!

Nov 10, 2017

Note

Still in good profit, but we may see a retest of the fib 0.5 level. If this resistance stays we may see a further downside. But we have to change our expactations and find a new target.
If the Fib 0.5 breaks we may retest the 132.50 level and also the uptrend line. That will be a good entry point for a new short.