EURJPY Short Idea

The currency EURJPY has reached an important resistance (124.107). Today the candle had big shadow and comparing the closing price with the opening price we have a small variation of the price. We expect that the price will descend to 50% percent of fibonacci retracement (120.509).


Let us know if you liked the idea, leave a comment for an opinion and follow us for other ideas.

Комментарий:

Just a small update, as we expected, the market started a downtrend, we closed the TP1 and TP2. Let's see if the market will continue his trend untill our TP3.
Enjoy you all, traders!

Сделка закрыта: достигнута тейк-профит цена:

The trend followed our idea and we got our target! Stay tuned for our next analysis!