11021992

EURJPY: Taking quite some time to retrace

Short
11021992 Updated   
FX:EURJPY   Euro / Japanese Yen
Hey traders,

Last week we had a pretty nice reaction after touching the 61.8% Fibonacci retracement of the bigger timeframe. Now looking to enter short at the 61.8% Fibonacci retracement of the smaller move.

Cheers
Trade active:
Entered on Wednesday.
Comment:

Touched the 38.2% retracement. A break above will probably make me exit this trade.
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.