Sell-signal
EURJPY LAST KISS BREAKOUT EURJPY HAS BROKEN DYNAMIC SUPPORT LINE 118.17XX
BEFORE WE ENTER A SHORT POSITION ON THIS PAIR I WOULD LIKE TO SEE A BEARISH CANDLE TO BE FORMED AS CONFIRMATION
A SAFE EXIT FROM THIS TRADE WOULD BE THE NEAREST SUPPORT LEVEL OR WHEN IT STARTS TO CONSOLIDATE.
i WILL KEEP YOU GUYS UPDATED ON THIS BREAKOUT
FX_IDC:EURJPY
EURUSD Institutional Short SetupHello Traders! Our institutional research still holds a bearish tone on EURUSD so we will only be looking for shorting opportunities. We can expect to see pullback sellers step in anywhere between 1.0506 and 1.0539. As long as the 1.0539 level protects the downside we will likely see another push lower, but keep in mind the strong support at the 1.0335 figure. As always use a 30-40 pip stop loss and look to get whatever you can on the profit side. Good luck to anyone that takes it!