Euro / Japanese Yen
Short

EURJPY 1H Bearish Pole Trade

108
Pair has developed a bearish pole trade. I measured from the beginning of the top of the pole to the top of the consolidation which was 70 pips. I measured at the bottom of the consolidation 70 pips to the first TP level. My TP will be 130.20. The second TP will be where ever the 800 sma meets price. The Macd is heading down to the 0 level line.

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