Euro / Japanese Yen
Short
Updated

EUR/JPY Short Setup – Bearish Reversal Targeting 161.134 with Ti

386
EMA 30 (red): Currently at 162.470

EMA 200 (blue): Currently at 162.071



Trade Setup:

Entry Point: Around 162.978

Stop Loss: Slightly above 163.016 (highlighted in purple zone)

Target (Take Profit): 161.134 (labeled as “EA TARGET POINT”)


Analysis:

Trend: The pair has been trending upwards recently, as shown by the price staying above the 200 EMA.

Current Price: 162.604, just below the proposed entry.

Risk/Reward:

Risk: ~3.8 pips (entry to stop loss)

Reward: ~184.4 pips (entry to target)

This implies a favora
Trade closed: target reached
snapshot TARGET POINT HIT FOLLO ME

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.