YourLazyTrader

EURJPY Sell continuation trade

Short
FX:EURJPY   Euro / Japanese Yen
Hello traders, in my previous EURJPY idea, I mentioned about selling EURJPY at 124.10 at the resistance area( idea attached below). That trade generated more than 140 pips profit.
However, I believe the downtrend is not over yet. There's a good chance that EURJPY will drop to the 122 level. So, look at the lower time frame for bearish price action and sell with 122 at TP.
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.