Nicemate

EURJPY watch for channel break, then possible short

Short
FX:EURJPY   Euro / Japanese Yen
5
Pretty clear setup. Watch for a channel break on the 4hr timeframe: if it breaks, let it consolidate, then short.
Stop Loss: 124.12
First target: 121.6
Second target: 118.54
Third target: 115.45
Trade with care and remember money management rules.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.