mcpeacocks

short EJ after test of previous structure

FX:EURJPY   Euro / Japanese Yen
23 1 2
see chart for details -
EJ             is in a downtrend and recently broke thru resistance at 127.7xx.
this has no been retested and further down trend can continue.
SL at top of recent bounce, and TP at weekly trendline and pivot S3 confluence, around 123.350

good luck!
unfortunately the FOMC meeting threw this one off a bit and didn't follow the plan.
on to the next trade!
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