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FXTurkey

EURJPY Respects 123.00 Level

Short
Euro / Japanese Yen (FX:EURJPY)  
FXTurkey Updated   
FX:EURJPY   Euro / Japanese Yen
Candlestick Analysis Supply and Demand Multiple Time Frame Analysis
28
2
candlestick supplyanddemand mtfa
Price respected 123 level second time, but reversal happened after the stop loss orders are activated.

This makes us think that price will continue downside.

Selling from marked zone also gives us a better price and RR ratio

Good luck.
Comment:
snapshot
We would like to see the price pull back a little more to provide us a better risk/reward ratio
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