Home > Uncategorized > EURJPY 1min Trade (-14pips)

EURJPY 1min Trade (-14pips)

Took this trade. Price hesitating around EMA 62 & 144.

MACD declining and Stoch crossed over and moving out from overbought region.

SL above SMA200 (approx 17pips), targeting previous swing low for approx 25 pips.

30 mins chart looks like this:

EMA 62, Fibo retracement level and price level 121 is pretty close.

MACD has crossed over signalling uptrend could be over. Stoch also moving into sell region.

Bias seems to agree. Fingers crossed.

Subsequent Update

Ugh. Faked out and stopped out. Moving on..

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