EURJPY - Downward trend will continue, Short trade by market price recommended
July 5, 2019 4:14:56 PM
Forecast Details
PairEURJPY
Direction
Sell
StatusClosed (121.6)
-90 p
122.70
Stop Loss
121.80
Entry
+100 p
120.80
Target 1
About Author
Patrick Yang
Expert
Related Links
Buy or Sell
More Pairs
Thanks for Voting!
Buy
Sell
Look like you are with the Crowd.
Fix it with Sentiment Strategy
Fix it with Sentiment Strategy
Congratulations! According to Sentiment Strategy you’ve made a right
decision.
You've already voted this pair. You can vote again later (when?) or try voting other
pair.
Total votes: 0
Buy or Sell
Chart & Analyst Comments
- According to the most brokers’ data, more than half of the traders are currently in long positions on EURJPY. As a result, we recommend considering only Short trades at this time.
- The decrease in the sellers volume, together with the increase in the buyers volume, confirms the need to Sell according to our trading idea.
- We are setting the take profit of our Sell Order to the closest level with a large number of stop losses.