FX.co ★ monte.mann | Analisa Pasar EURJPY

Hello traders who are interested in the EURJPY currency pair, as well as visitors of this forum section. Regarding the trading direction, I believe that the priority still lies with the sellers. They currently have more promising opportunities than the buyers. It would be logical to place two limit sell orders. The first one from the resistance level at 182.564 and the second at the price of 182.704. In other words, a slight price move above the fast MA and then the realization of bearish sentiment towards the level of 182.114. The price of 182.114 will serve as the overall take profit level for both limit orders. The stop loss at the price of 182.764 will also be the same for both entries. If possible, I will try to move the trades to a breakeven state as soon as both are in profit.