EUR/JPY, DAY CHART, NEUTRAL-SHORT (4-DEC-2016)

We have 2 options for this trade:
Plan A: Waiting for 1-2 more bearish signals to short
High Risk to Reward Ratio

Plan B: Continue with the trend
The price breaks the resistance zone,
wait for pullback and go for long :)

Kommentera:

Our previous analysis on EUR/JPY long was correct.

Kommentera:

EUR/JPY breaks the resistance zone with strength.
Now we wait for weak pull back and long... :)

Handel aktiv:

Now this pair has a weak pull back sit on the previous resistance zone well.

Zoom into H4 diagram is a Swing Setup.

Trade with
EP: 122.255
SL: 120.156
TP: 127.310

Trade Safely :)

Trade stängt manuellt:

Decided to cut lose early.
Because this trade is no more validate based on the setup we are looking for.