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OfficialJ23
Jan 8, 2024 4:09 PM

EurJpy Trade Idea Short

Euro Fx/Japanese YenFXCM

Description

After last weeks longs on EJ I’ve decided to go short this week. Price seems to be ranging between 158.340 and 155.500 with a mid level of 156.226. Price failed to break above and continue pushing the upside for longs. We can see a clean break and retest to the downside to continue the range. Stops are just above structure with targets around 157.120. Looking for a 1:3rr for both entries. If price continues to dump we can expect that mid level to get tapped into again.
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