Euro / Japanese YenShort
EURJPY 60 Pip Drop
Updated
On the 4H chart were seeing that EJ has moved into a ranging market environment. My longterm bias on EJ is bearish and so I am taking a short at the resistance zone for a very low 10 pip risk and high 60 pip reward. At the break of the support EJ can see an even larger drop.
Trade closed: stop reached
Due to market manipulation we were taken out of this trade before price reversed and hit our target.
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