It's a beautiful Monday morning to trade and let's get right into it.
I'm looking at the EUR/JPY 1 hour pair here and we can see 2 potential pattern trades here. I've analysed the stops and targets for both patterns and have got TP1 in place.
Over all EURO is quite bearish, but there is always a possibility during chinese hour that EUR can rally. Therefore I have only TP1 in place.
Also please be aware of london opening also. Looking for EURO bearish momentum to continue on USA opening.