EUR/JPY: Selling NOW the retest. But why ?

Hi guys,

I am selling the pair for, hopefully, a quick trade. The reasons behind are the following:

Price :

- broke a support
- is below all EMA
- is below the pivot

With sellers who seem to be in control and JPY being very strong at the moment against most currencies, I am targeting the immediate support @ 122.850, for a nearly 30-pip trade.

Trade at your own risk

Kommentera:

My target is around 122.830-122.850

Kommentera:

Adding more to my shorts

Trade stängt: Stopp nått