MoneyMantraCha

EURJPY BEARISH

Short
FX:EURJPY   Euro / Japanese Yen
Hey Rich Friends,

I am looking at EJ for a potential bearish move since the candles are well below both of the EMAS. This is a bearish confirmation for me.

The MOM indicator is also below 0 confirming a bearish trend and the STOCH is below 0.

Market execution or sell limit at 158.150 or higher is a potential trade idea,

SL: 158.550 OR HIGHER (40 pips)
TP 1: 157.750 (40 pips) 1:1RR
TP 2: 157.550 (60 pips) 1:1.5RR
TP 3: 157.350 (80 pips) 1:2RR

Please Do Your Own Analysis And Use Proper Risk Management. If Using Market Execution, Adjust Your Tp And Sl To Your Actual Entry.

Peace and Profits, Cha
Trade closed: target reached:
TP 1, 2 AND 3 HIT!
Comment:
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