Going short on EurJpy.
Risk to reward on this trade setup is 1:2. Should take a few days to a week or two.
Based on confirmation of a fake out followed by confirmed break of structure towards the downside.
Targets: 156.08 & 152.60
Stop: 163.00
Risk to reward on this trade setup is 1:2. Should take a few days to a week or two.
Based on confirmation of a fake out followed by confirmed break of structure towards the downside.
Targets: 156.08 & 152.60
Stop: 163.00
Trade active
Position is active and we are in the green.Note
First target achieved, liquidating 50% of the position and moving stop to breakeven, letting the half run in anticipation for target # 2.
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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.