EURJPY has been down in the last 2 months , now it rally up to near monthly Pivot MM3 + roll reversal area for Bear to sell .
2 thoughts on “EURJPY trade Plan ( 2 Feb , 2017 )”
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EURJPY has been down in the last 2 months , now it rally up to near monthly Pivot MM3 + roll reversal area for Bear to sell .
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Hey Daniel, I’m also waiting to sell this pair again after it hit my TP target for the sell last week, but it broke a trendline bullish on the Daily. It may go down to 119.50 which can be a good place to buy for bulls, but also a good sell for bears if it closes below this level on a Daily chart. A close above 121.25 on the Daily will open up to Dec highs at 123.85. We should see clearer direction soon as it’s at a level where bulls and bears will have to decide who is in charge.
Thanks Maryna 🙂