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Parabosea
Aug 14, 2020 10:46 PM

EURJPY INTRADAY Short

Euro Fx/Japanese YenFXCM

Description

EURJPY is in bullish trend on weekly and daily. Based on H4, instead of forming a higher low, price form a low at the same level with previous higher low. This could be a sign that market will make a correction to complete it’s structure on higher timeframe before continue its rally. Therefore, we are going for short until the structure is complete.

Risk : Reward = 1 : 3

Trade closed: target reached

EURJPY hit take profit 66pips.
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