EURJPY short position

2019년 3월 17일

Market was producing an uptrend, however, market has been failing to break resistance (Wick rejection)

There is also visible exhaustion on the bullish momentum and more bears are entering the market

Entering into the market can be at turquoise line based on the wick rejection at the bottom

Wait for a break and retest of area before entering the market

When market moves 30+ pips in, move SL to break even

Big opportunities in the market this week

Happy Trading!