EUR/JPY possible short setup Short

Euro Fx/Japanese YenFXCM

Description

⋅ Mar 13, 2019 3:37 PM

Broken down from a strong trendline and support, now re-testing both of these.

Good time to short for a relatively great R/R on this trade. Bear divergence on 1hr chart with a TP of the weekly support zone.

Trade closed: stop reached

⋅ Mar 24, 2019 3:40 PM

Unfortunately I placed my stop a little too close to my entry. I should have placed it at 127 or above the local top.

I still feel confident that this trade will reach TP.