augustine4777

EURJPY Short

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OANDA:EURJPY   歐元 / 日圓

Chart had a huge swing to the downside slicing through the 200EMA changin trend direction.
Looks like it's in a downtrend channel.
Might retest at the 200EMA as it's a strong area of resistance.

Entry
Enter on the retest of the 200EMA in a reversal candle (Doji, Engulfing Candle) with a stop loss around the 131.5 area

Exit
Exit on the range around 129.910 without sign of breaking down.
On the break below after 129.910, exit on the 128.000 area of support.

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