Euro / Japanese YenShort
EURJPY 1hr timeframe
The overall trend for this pair is to the downside. This could be a moment for a possible sell but I think is better to wait for a break of the sub trend expecting it to retest the main trend which is the zone for better trades.
But a possible 1:2 R/R could be placed here with a target of 156.55 the demand zone of the higher timeframe.
Good luck everyone!
But a possible 1:2 R/R could be placed here with a target of 156.55 the demand zone of the higher timeframe.
Good luck everyone!
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