puli07sanny

possible shorting opportunity

Short
FX:EURJPY   Euro / Japanese Yen
Clean and simple setup on the EURJPY. Price broke the trendline and it retested the previous support as resistance but there is a chnce of it retesting the trendline, that is why my stop loss is set a bit high. It will be a good idea to wait for a much better confirmation. The confirmation that i will want to see is an engulfing bearish candle on the 1 hr timeframe.
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