The808Trader

EUR/JPY Short Ichimoku Trade Idea

Short
FX:EURJPY   Euro / Japanese Yen
This pair dropped beautifully last week ending at a strong s/r level. I am a trend trader, and as such I am looking for the trend to continue, especially with a floundering euro. I am looking to a enter a sell if we can break the level I drew in blue, and I'm targeting previous resistance for a TP level. I will only enter if my bearish signs remain, otherwise I will watch to see if this trend will hold.

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