11021992
Short

EURJPY short entry at current market price

FX:EURJPY   Euro / Japanese Yen
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!
Trade active
Trade active: Target 1 hit.
Moving stop to break even.
Trade closed: stop reached: + 130 pips
Nice bullish bat pattern on the EUR/USD for this week: https://youtu.be/AK2d_E35Hxo

Interested in learning about harmonic patterns? PM me :)

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