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PhantomForex
Jan 5, 2020 8:34 PM

EUR/JPY (Short)  Short

Euro Fx/Japanese YenFXCM

Description

Looking to short once price returns to the trend line

Although the market has been making higher lows on the daily time frame the overall trend is still bearish when taking into account the bigger picture (daily & weekly). There has also been a strong reaction from where this trend line begins therefore we are looking to trade a continuation of this trend

Trade active

This trade hit TP1 at 30 pips, TP2 at 50 pips, and is now running at 70 pips. Now looking for our final TP at 110 pips

Trade closed: target reached

Trade was closed for 3rd TP at 100 pips
Comments
Tommww92
Great trade! Thanks for the analysis
PhantomForex
This trade hit TP1 at 30 pips, TP2 at 50 pips, and is now running at 70 pips. Now looking for our final TP at 110 pips
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