EURJPY Short is here. High Speed Index plus more
The following are the reasons for this entry:
- Decreasing up waves
- Ranging on Fibonacci
- Last up wave with a High Speed Index of 24.3 meaning probable sellers at top
- Signal from the indicator PRS and WU (Wyckoff Upthrust)
- Break of the Range downwards
Trade closed: stop reached
Trade did not work out. Found lot's of buyers after the range break. Price closed the gap and found resistance on the next Fib which is also a a resistance level
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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.