EURJPY Short H4 Rising Wedge, 30 minute entry

Jan 23, 2021

EURJPY is in a rising wedge on H4, looking for shorts on m30 or m15 with a break of minor support and retest. Looking for confluence with cross of SMMA and EMA.

Short at 126.250 area

• TP1 125.480 - 77 pips, move SL top 126.00
  
  
• TP2 125.105 - 114 pips
  
  
• SL at 126.550 - 30 pips
  
  

Trade invalidated if trend line broken with retest.

Jan 25, 2021

Note

Moving SL to breakeven at 126.180

Jan 26, 2021

Trade closed manually

Closed manually at 126.00, 18 pips secured. We are losing momentum.