Sell opportunity EURJPY
EURJPY - The price is now floating at a difficult level.
At the monthly we saw that the price moved up, made an imbalance, and moved up again.
Maybe now time to test that imbalance? On the weekly we also see that there is a chance to retest it.
On the daily it is now testing on an imbalance. On the 1HR chart it is testing that imbalance level,
but also breaking a lower low. Let's sell it with 0,5% risk to the monthly support at 127.00.
SL is for me pretty tight and placed above the wick from the last high on the 1HR chart.
My entry price was 128.391.
SL - 128.685
TP - 127.045
At the monthly we saw that the price moved up, made an imbalance, and moved up again.
Maybe now time to test that imbalance? On the weekly we also see that there is a chance to retest it.
On the daily it is now testing on an imbalance. On the 1HR chart it is testing that imbalance level,
but also breaking a lower low. Let's sell it with 0,5% risk to the monthly support at 127.00.
SL is for me pretty tight and placed above the wick from the last high on the 1HR chart.
My entry price was 128.391.
SL - 128.685
TP - 127.045
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