Waiting for EUR/JPY to break out of the flag patter and ichimoku cloud. Both signaling a sell. Also, it is respecting a level of resistance 125.09 and is staying below the 50 EMA. 4 hour chart so will wait until at least the close of the next candle at 9am EST.
Trade active:
Currently 22 PIPs in profit. Descending Triangle is forming so hoping for another drive lower during the Asian session.
Comment:
Trade closed: target reached