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EURJPY Bearish White Swan And Short Opportunity Update: TP1 Reached 45 Pips

EURJPY Bearish White Swan And Short Opportunity

Published: 08-28-2018

Pair / Instrument: EURJPY

Time Frame: H4

The trend in the Timeframe: BULLISH

The trend in the Daily Chart: BULLISH

Description:  Bearish White Swan on H4 Chart and Bearish A Bat on H1 Chart. Potential breaish reversal based n harmonic patterns

Trade Based On: Bearish White Harmonic Pattern.

Accuracy: %92

Trade:SHORT

Area Of the Entry: 130.250 – 130.150

Stop Loss: Above 130.500 ( Structural Stop 131.200 )

Take Profit 1: 129.700

Take Profit 2: 129.200

Update: TP1 Reached 45 pips. Close 30% of the positions and move Sl to entry. Further decline is expected.

 

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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

 

 

EURJPY Bearish White Swan: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

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