EURJPY watch for channel break, then possible short Short

Euro Fx/Japanese YenFXCM

Description

⋅ Dec 16, 2016 4:28 PM

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.