EURJPY Short position

Aktualisiert
A bearish engulfing rejection candle formed at a daily resistance zone. That is my main price action signal. Added confluence - Price is also in between 50 and 61.8 retracement area. There is also convergence divergence present on the stochastic oscillator.

One thing to consider is that price has been trending upward on the daily so that doesn't align with this trade idea.
Trade geschlossen: Stop wurde erreicht
Anmerkung
I made a mistake with the title. This is a USDJPY short position not a EURJPY.

Haftungsausschluss