forexjunkie33

Great chance to get short EUR/JPY 1hr chart

Short
FX:EURJPY   Euro / Japanese Yen
2
We have broke below the decending wedge pattern, and are now retracing back up into a good structure level giving us a good opportunity to get short.

Entry is at 114.05

Stops are at 114.87

Target 1 is at 113.26

Target 2 is at 112.66
Comment:
Target 1 reached for + 81 pips

Stops rolled to break even for target 2
Trade closed: target reached:
Target 2 reached for + 141 pips

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.