KaltoireCapital

Potential double top in EUR/JPY, sell if the resistance holds

Corto
KaltoireCapital Actualizado   
OANDA:EURJPY   Euro/Yen japonés
Hello traders, I am observing the 4H chart in EUR/JPY and I have noticed a potential
sell opportunity. This could be a potential double top on the 4H chart.

So, if the resistance zone holds, traders can consider selling EURJPY@164.88-165
with TP at 163.65
Note that, the sell condition will be valid only if the resistance
zone highlighted in the chart remains unbroken.
Orden cancelada:
Price broke through the resistance, order cancelled
Operación activa:
Price back in resistance level, sold@165 as per plan
Comentarios:
22 Pips running profit
Comentarios:
45 Pips profit
Comentarios:
Price has consolidated below the resistance, it could fall more
Comentarios:
63 pips profit so far
Comentarios:
EURJPY went as low as 163.89 which translates to 111 pips profit
Comentarios:
Currently around 190 Pips profit from the sell at 165
Comentarios:
255 Pips and counting for those who sold with me@165, current price 162.45
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.