Mandeep.Singh
Short

EUR/JPY- Trend Continuation Trade

FX:EURJPY   Euro / Japanese Yen
47 0 2
Short on this pair -

1) Clear downtrend with lower highs
2) Formation of a descending triangle showing selling pressure.
3) Price action showing bearish momentum with engulfings.
4) Break of a key support level where price rejected numerous times.
5) Bearish candle failing to close above key support line.
Comment: 120 pips in profit, SL moved to BE.
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