Lamin4
Short

EURJPY SHORT - 4H

FX:EURJPY   Euro / Japanese Yen
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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.
Thanks :)
It's based on LazyBears wavetrend inidicator, still plenty of adjustments to make to it but I will upload once it is ready to go.
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Very accurate call man. What indicator is that "Reversal WIP"? Did you write that one? I couldn't find it in the library.
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Currently sitting on a 1h demand zone in addition to an exit signal on the indicator. Profit taken on T1, Will soon close T2 if exit is confirmed at the beginning of the next 4H candle. Buy position will be opened if T2 is closed and looking for opportunities to sell again near or on the upper supply area.



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