EUR/JPY: POTENTIAL SHORT
Fellow Traders! I have spotted a potential trading opportunity, EUR/JPY (SHORT)
ANALYSIS:
The weekly timeframe is currently on a Downtrend
Resistance at a key trend level
Rejection At Fib Level 78.60
ANALYSIS:
The weekly timeframe is currently on a Downtrend
Resistance at a key trend level
Rejection At Fib Level 78.60
Trade fermée: ordre d’arrêt atteint
As you can see, I was stopped out. This trade still had a lot of bullish pressure and I should have waited for further confirmation. However, from my analysis, I had noticed that buyer pressure started to gradually slow down as we approached a key resistance level and this being the reason I anticipated a potential reversal of direction in the market.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.