Lamin4

EURJPY SHORT - 4H

Short
FX:EURJPY   Euro / Japanese Yen
Downward move is imminent (signal given on indicator), current candle is looking bearish as well as forming on a supply zone.

Depending on the open signal recieved on the 2pm candle, stop loss may have to be moved up to the 135.09 resistance, but it looks ok for now.

This trade shouldn't be taken till the beginning of the 2pm (gmt) candle for lower risk.

T1 ~ 133.62
T2 ~ 132.70
SL ~ 134.80

Please note that these are initial targets, my actual targets are based on signals I recieve during the trade.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.