Potential double top in EUR/JPY, sell if the resistance holds
Hello traders, I am observing the 4H chart in EUR/JPY and I have noticed a potential
sell opportunity. This could be a potential double top on the 4H chart.
So, if the resistance zone holds, traders can consider selling EURJPY@164.88-165
with TP at 163.65 Note that, the sell condition will be valid only if the resistance
zone highlighted in the chart remains unbroken.
sell opportunity. This could be a potential double top on the 4H chart.
So, if the resistance zone holds, traders can consider selling EURJPY@164.88-165
with TP at 163.65 Note that, the sell condition will be valid only if the resistance
zone highlighted in the chart remains unbroken.
Order dibatalkan
Price broke through the resistance, order cancelledTrade aktif
Price back in resistance level, sold@165 as per planCatatan
22 Pips running profitCatatan
45 Pips profitCatatan
Price has consolidated below the resistance, it could fall moreCatatan
63 pips profit so farCatatan
EURJPY went as low as 163.89 which translates to 111 pips profitCatatan
Currently around 190 Pips profit from the sell at 165Catatan
255 Pips and counting for those who sold with me@165, current price 162.45
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