EUR/JPY: Nice selling opportunity!

Jul 17, 2018

Hey guys,

New idea!

Please check it out and comment/like if you appreciate it.

Best,

Jesse

Jul 17, 2018

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1H VIEW

Jul 17, 2018

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I think the trend line is pretty clean and defined for once!

Jul 17, 2018

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I will from now on put the TRADING PLAN directly on my ideas/screenshots it will be easier for everybody.

The trading plan for the pair: wait for the price to break previous low (131.400) and short it to 130.90 which is basically the next support level.

Trade with care.

Best,
Jesse

Jul 17, 2018

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Jul 17, 2018

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It is important to wait a break of former support before shorting it

Jul 18, 2018

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Jul 18, 2018

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The pair bounced from the former support zone. No trade yet, the pattern is forming.

Jul 18, 2018

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Looks like we could have a nice H&S pattern in play. Currently testing the neckline

Jul 18, 2018

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Jul 18, 2018

Trade active

Trade was activated at 131.400

Jul 18, 2018

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Jul 18, 2018

Trade closed: target reached

BOOOM I hope you guys made some nice pips on this one

Jul 18, 2018

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Initial target of 130.900 could have given you 50 pips for this trade. Do you guys like this style of interactions ? With the trading plan?