GhostFXC

Euro Yen - Short

Short
FX:EURJPY   Euro / Japanese Yen
After the Equilibrium was met at 139.932 on the ichimoku, we then targeted the high that was established September 09, 2014 and the 61.8 reversal zone to an estimated 65 pips of risk, and a possible 315 pips of profit.

In order to determine your entry, we have to chart days ahead, and truly get an idea of where the best entry. Sell limit was hit at 140.783, and we are currently riding it down to 137.379 using a trailing stop to at least lock in 10-15 pips per 40 moved to allocate a significant range of price action.

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