On the EURJPY daily chart, we can see that the pair is breaking below the long-term uptrend triangle line 127.700 level. This downside break, if we get a follow through, could lead us to a downside extension into the 125.500 level. Invalidation of the downside swing only in the case of a daily close above 128.500 level.
Note: Look for both short trade entry with the stop loss above the 128 level.
Through time we have developed a very respectable trading strategy which defines Entry, Stop Loss and Take Profit levels with high accuracy and allows you to make position risk free. We are publishing daily and weekly analysis and 5-10 trade alerts per week directly on your mobile device via Private twitter feed and Private Telegram group! NOW! NEW! Enhanced premium membership plans for new members
Our service is with you for 4 years! Net profit in 2017 11.2% Net profit in 2018 YTD 19.80%! We are beating the algos! New trading Year New enhanced plans!
Sponsored by our recommended brokers LegacyFX. The best CRYPTO broker! Not suitable for US traders.