Post is written by Henry
On today’s price action we can see that EURJPY pair has begin to shaping its form with it’s big move to the downside. While moving to retest it’s previous support the pair has shown that big momentum to the downside will not over soon.
We can try to make some intraday trading by putting a sell stop order or market order when you see more confirmation from price action itself. And if your are trading this the safe stop loss would be at previous high of the price movement.
Winner’s Edge Trading, as seen on: