trading plan for eur-jpy, eur-jpy pair is seems to be really bearish today, we can see this bearishness condition on the h4 time frame, i think for this week trading i will keep on trying to look for a best momentum to sell eur-jpy pair because clearly eur-jpy is on bearish domination, so keep targeting sell order will really help us to minimize the risk we take as it will make our open position following the major trend, if we are targeting sell order i think that we need to sell on resistant area or after the bullish retracement showing the weakening power, because selling on resistant is less risky than selling on support like what we sees on eur-jpy at this moment.
Euro JPY currently trading around 12 0.03 in the last week and last day it falls from 120. 80 downside round about 80 pips. At 120.00. the currency pair is trading above the resistance level of 119. 78 and I am seeing in this week it will move upside towards the resistance level of 12 1.37 so I am suggesting buying opportunities on this currency pair.
Last edited by BhaiISBack; 12-09-2019 at 03:59 AM. Reason: forgot giving journal link
So best to look for sell entry will hopefully give us good profit
Fragileís Trading Journal
eur-chf trading plan for today. eur-chf on the daily time frame showing a strong bearish signal, and at this moment the h4 time frame still trying to make some bullish trend, so i think this condition is really great and ideal and could bring a good amount of profits because we can sell eur-chf on the best price and also with less risk, my plan in eur-chf is waiting for the bullish retracement made by h4 time frame start ending and i will enter a sell order on resistant area afer h4 time frame making bearish confirmation,hopefully this plan will works best and hope i can get a good amount of profits today, so good luck to us all and God bless.