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Mmawesome
Dec 28, 2018 5:49 PM

TAG-Trade $EURJPY Short Short

Euro Fx/Japanese YenFXCM

Description

Setup: 5th Wave
Risk-Reward: Good (more than 1:1)
Certainty: High 70%+
Expected Value: Positive
Risk: 1% (we don't have a strong resistance, even tho it's really probable outcome)
Management: Wait to see how the momentum plays out. Take profits at 1:1 or wait for bigger gains. All depends on how the market reacts. Possible TP is to wait for daily close above EMA.
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