As you can see price on the EUR/JPY has made a pattern.
We are looking for a break and close below the neckline before a short is considered, this is due to the neckline being a strong and the possibility that this area could hold again.
If a short entry is triggered at the break of the neckline, a potential target 1 could be at the indicated as the PRZ (Price Reversal Zone).
This potential PRZ area could also be a good opportunity to roll stops to break even.
Anymore information don't hesitate to contact me.
Have a great trading week.
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