Euro / Japanese YenShort
Short-Term EJ Short: Bearish Continuation
Updated
Here's a short-term trading plan for EJ. EJ has been consolidating in an ascending triangle, but I believe the overall longer term trend to be bearish. Attractive entry point at the resistance level.
Entry Point: 123.34
SL: 123.50
TP1: 123.00
Tp2: 122.70
Remember to always use strict money management! We're personally risking 0.5% for this trade with a 2.0 R/R. 1% return target!
Entry Point: 123.34
SL: 123.50
TP1: 123.00
Tp2: 122.70
Remember to always use strict money management! We're personally risking 0.5% for this trade with a 2.0 R/R. 1% return target!
Note
+20 pips. We are moving our SL to BE and secure 1/4 profits. Cheers!Trade closed: stop reached
Unfortunately SL hit and we only get +5 pips from this trade
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