Short EUR/JPY
Updated
Risk reward ratio looks good on this, using the open of last bullish candle and highest price on previous peak on the daily as the short zone.
Note
Risk management - trend reversal has established since posting this trade idea and price has moved down fairly aggressively, lock in some profits by moving stop loss to 129.640!!!!!!
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.