salsapete

EURJPY Channel Short

Short
FX:EURJPY   Euro / Japanese Yen
Euro has been in a channel consolidation with Yen since Sept 2017. Considering a short opportunity for price to stay consolidated in channel.


Stop - if price breaks outside channel to upside, beyond the previous high.

Target - to the channel supporting trendline.

Entry - at a .618 fib retracement of last minor swing.

Risk Reward at 2.4 :)
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