EURJPY DESCENDING CHANNEL PATTREN

78
EURJPY SELL SETUP

Pair: EURJPY

Timeframe: 4H

Pattern: Descending Channel

Sell Entry: 159.800

Target 1: 158.600

Target 2: 156.100

Stop Loss: Above channel resistance

Analysis:
EURJPY is respecting the descending channel and has just touched the upper resistance. This signals a potential sell opportunity as long as the price stays below the channel resistance.

Trade wisely & manage risk!
Note
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