Euro / Japanese Yen
Short

EUR/JPY Short Setup – Bearish Reversal Targeting 161.134 with Ti

57
EMA 30 (red): Currently at 162.470

EMA 200 (blue): Currently at 162.071



Trade Setup:

Entry Point: Around 162.978

Stop Loss: Slightly above 163.016 (highlighted in purple zone)

Target (Take Profit): 161.134 (labeled as “EA TARGET POINT”)


Analysis:

Trend: The pair has been trending upwards recently, as shown by the price staying above the 200 EMA.

Current Price: 162.604, just below the proposed entry.

Risk/Reward:

Risk: ~3.8 pips (entry to stop loss)

Reward: ~184.4 pips (entry to target)

This implies a favora

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