EUR/JPY Resistance 🔪

26 Okt 2020

After sell-off is in the move down significant volume clusters..

Reaction on first volume cluster is done and there was nic profit!!

Another significant Volume cluster is around price level 124.76 where i plan take another short trade...

There is lot of contract accumulated...

I thing that sellers from this area will be defend this short position...

and when the price come back to this area, strong sellers will be push down the market again...

Strong sellers + Sell-off + Strong volume area is my mainly reason for this short trade....

Happy trading

Dale