EURJPY

We should wait for a retest on the light blue region in order to consider a short position. SL will depend on how the price will perform in the next few hours as there are some key support levels. Obviously, if the price break to the upside do not enter a short position, I might be considering taking a long position, even though the R: R is little and a gain of about 50 pipis. Therefore, depending on how the price will react we should also adapt. Optimal is to see how the RSI and the price will move. The market is now consolidating preparing for a big move, but we must consider manipulation from large institutions.
TP1 125.00 TP2 should be on the 124.5 region and TP3 124.00. Try to ender on the spikes.
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This set up will be invalid if the price breaks the trend line and or there is no retest on the light blue region.

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Be aware of the manipulation of price. Keep an eye the lower time frames to enter on the spike of the manipulation.
AND MAKE SURE YOU ONLY "bet" 1-2% of your whole account. Risk Management is the only reason that will allow you to succeed in trading.

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wait for the price to come down to 125.6 and then retest.

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Will see how it will play out but should be securing some profits and Stops all to BE

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TP 1 and TP 2 hit

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Pull back and hopefully we should also hit TP3.

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TP3 hit.

LCPK16

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LCPK16