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EUR/JPY Signal- CFTC EUR Speculative Net Positions - 18 March 2022

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Signal Details
Entry Price: 
131.560
Take Profit: 
130.013
Stop Loss: 
132.330
Direction: 
Sell
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EUR/JPY is trading to the downside today prior to a inverse head and shoulders pattern on the hourly chart. We anticipate a bearish move down to level 130.013

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.