EURJPY 240M

Updated
Hello traders!

This trade is in play, 1st of the week. There is a 40 pip target between lines C and D,
although my current target is set at 80 pips from the C line because price is coming
off a three point decline from line A. I will take full or partial off at the C line if price
reaches the 1st target.

This trade can also be taken with a sell stop order as a set&forget setup.

It`s recommended to position stop no further away than 1:1 RR away from entry, although this
may vary with markets and volatility.

Best,
Jay
Trade active
Just moved stop to breakeven +2
Trade closed: target reached
I got out of this one for 26 pips.
Chart PatternsEURJPYeurjpyselleurjpysetupeurjpyshortTrend Analysis

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