Marenno
Short

$EURJPY is showing first retracement signs

FX:EURJPY   Euro / Japanese Yen
Price is currently at the 38.2 support (136.05 area) is showing a retracement signs, and is probably going to retrace towards 136.50, which is 38.2 resistance area , to continue it's down movement, following the higher grade timeframe, in this case 4H.

Aggressive trading - short buy with a mentioned target and a SL beyond the current low (in mind) and 1H ATR*3 - critical.
Conservative - wait till retracement complete, with a target at 135.20, stop loss above highs (in mind) 1H ATR*3 - critical

Have a good trading!!!
Comment: video link - https://www.youtube.com/watch?v=r-Com0KYdf0
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