Very good short opportunity on the EURJPY pair. EURJPY have reached strong level of resistence i thas tried to break above 133 but without success. The last leg of the moves seems like perfect correction after overextended move downside. FIB 50% retracement. RSI divergence + signal for correction. Good RRR 4:1. Target 127.2% fib ext from the previous move . We will see what will happen with the YEN it has been depreciating since one two months. NIKKEI is extremely overbought. Now its time for the money to go in the cheap currency which is the YEN and go away from the GREENBACK. Very excited what will happen until the end of the year.
Trade geschlossen: Stop wurde erreicht:
Greedy extended target. Retest of lows successful