EURJPY sell trade idea 04 10 2021
SELL EURJPY 128.70
SL: 129.00
TP1: 128.50
TP2: 128.30
TP3: 128.10
Signal Analysis by LCMS Traders
Currency Pair: EURJPY
SELL EURJPY 128.70
Timeframe: H1
Step 1 - Previous News: EUR: Eurozone CPI flash annual inflation rose, JPY: Consumer Confidence slight increase confidence of the surveyed households
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast down, slow up
- Stochastic: H4 heading up
- PSAR: bearish
Step 5 - Upcoming News: EUR: Eurogroup meetings held today, JPY: -
Edited 04 Oct 2021, 16:59
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