EN

EURJPY - Downward trend will continue, Short trade by market price recommended

Patrick Yang on FXSSI Patrick Yang Expert
main-sell-market-trend-1
Forecast Details
PairEURJPY
Publication Time7/5/19 4:14 PM
Direction Sell
Status Closed (121.60)
Jul. 5, 2019
Jul. 12, 2019
Forecast
-90 p
122.70
Stop Loss
121.80
Entry
+100 p
120.80
Target 1
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-sell-market-trend-1
  1. 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.
  2. The decrease in the sellers volume, together with the increase in the buyers volume, confirms the need to Sell according to our trading idea.
  3. We are setting the take profit of our Sell Order to the closest level with a large number of stop losses.
    index: 1x 0.032938003540039s
t_/pages/forecast: 1x 0.030230045318604s
t_/common/header-new: 1x 0.020030975341797s
t_/common/head: 1x 0.016826868057251s
t_/common/footer-new: 1x 0.0025808811187744s
router_page: 1x 0.0014050006866455s
router: 1x 0.00069093704223633s
t_/popups/on-download: 1x 0.00061416625976562s
t_/common/cookie-banner: 1x 0.00037908554077148s
service-routes: 1x 0.00029087066650391s
t_/blocks/sidebar-afil: 1x 0.00018811225891113s
router_redirection: 1x 0.00015687942504883s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2024-07-27 08:42:07)  -----