EURJPY - Trade Journal - Short Entry

FX:EURJPY   Euro / Japanese Yen
3 0

Higher risk trade (lower expectancy), but favorable risk/reward.

Resistance held. Looking for a retracement. Support ~ 130.199. I'll watch PA at that level (assuming it retraces). Stronger support ~129.50. I plan on taking profit before that time, if the trade goes according to plan.

NOTE: Not recommending this trade.
Trade closed manually: Took profits at 130.559. (38 pips). The RSI on the 1H chart looked like it could retrace to entry or beyond. Could potentially take another short position if it looks favorable.

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