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forexlens
Jan 15, 2021 9:48 PM

EURJPY Possible Trip to 123.000 Short

Euro Fx/Japanese YenFXCM

Description

EURJPY has had a hard time getting past resistance at 127.000 and after failed attempts, price is ready to push lower. If price action remains bearish, we will be looking to enter next Monday.

- RP Forex (Price Action)

Comment

Trade is in profit, currently up around +42 pips. We will move our stops to entry and secure 50% of our profit here.

Comment

Our partial remaining position has been stopped out at breakeven.

It's always important to secure profits and minimize risk!
Comments
TradingBonus
Agree with your trade idea. I entered SELL this morning, because on my analysis price already broke lower trendline. Good work!
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