EUR/JPY for a sell again

FX:EURJPY   Euro / Japanischer Yen
210 1
Good evening,

Thoughts on EUR/JPY:

Obviously, we have power on both sides of this range. When it just looks like it is about to breach, a strong candle appears to smack it back down.
This movement started slowly with sharp retracement ( as you can see from the circles )
The recent move looks smooth but it got crushed by 3 candles exactly on the same way (from the top of the range) at almost 100% to the recent S/R.
Judging from the wicks in this zone we can expect some kind of a rally towards the top again and if this rally fails this
could be our opportunity for a sell towards the botm with decent risk reward ratio.
However, we will have to keep an eye on this current area ( once we short this ) towards our way down.

I will update for potential entries.

This is an opportunity for the next week ( 04.12 - 08.12 )

Good luck!
Trade ist aktiv: SL - 134.20
TP - 132.20
Watch 133.20 as well
Kommentar: I am going for 132.45 main target since I want to participate into 2 other EUR pairs that are setting up for a buy.
Trade geschlossen: Ziel wurde erreicht: 120 pips. RR 1:3 done.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden