EURJPY pair has jumped up yesterday.

However, I see Bearish Divergence both on Hourly and M15 charts now.

So I would like to look for Short opportunity for today.

2015-10-21_14-58-02-EJ1

 

So let’s wait to see the break of Previous Low, and try to sell at retest (136.14).

2015-10-21_14-59-25-EJ2

The stop can be 138.50, and the target should be 135.80.

 

Hope this helps you build your own setup.

 

YJ Baik – Forex.Today @ Tokyo

 

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.