EURJPY short entry at current market price

FX:EURJPY   Euro Fx/Japanese Yen
11 months ago
Hi all,

While going through the charts, I found this entry. I normally dont pay much attention to this pair, but this seems good.
You can see that the price is currently in a potential reversal zone, because of the swong low and the confirmation structure of the last few days. The visual flow of this pair is also rather bearish with its lower lows and lower highs.
Just a small trade, but it looks solid.

Targets are based on structure and fib retracements.

Entry: 126.462
Stop: 127.45
Target 1: 125.134
Target 2: 123.942

Best of luck!
11 months ago
Trade active
11 months ago
Trade active: Target 1 hit.
Moving stop to break even.
10 months ago
Trade closed: stop reached: + 130 pips
Feel free to send me a PM if you have any questions!

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